Labour MPs in the North East want to borrow more and put us further into debt

http://www.thejournal.co.uk/north-east-analysis/abandon-austerity-borrow-north-east-8526379

The Journal reports today that a group of Labour MPs do not believe we should be trying to address our debts and get the deficit down. We have halved the deficit and taken some very tough decisions in this parliament but I do not want to pass on this country’s present problems to my children. We have to balance the books

The Labour MPs for Wansbeck, Gateshead, Easington and Blaydon have made their views very clear. They are, to be fair, to the far left of the Labour Party. Their policies are that of France, and more particularly Greece.

The job count in these countries are terrible, and their growth is non existent. And one final point:

- Countries like Portugal and Greece forgot about their deficit and suffered 17% and 14% reductions in their Health Spending.

- You can only have a Strong NHS with a Strong Economy and a Long Term Economic Plan.

Labour latest plan to tackle the deficit - put up gun licences from £50 to £100,000+

Will labour raise taxes? Of course they will.

What efforts will they make to cut spending? Shadow Chief Secretary to the Treasury Chris Leslie MP was on the Daily Politics earlier today, outlining Labour’s economic plans to tackle the deficit. His plans were twofold: raise income tax and increasing the price of gun licences. Obviously! Why hadn’t anyone thought about raking in the cash from gun licences earlier? The present cost is £50.

There are currently just over 700,000 firearm and shotgun licences on issue in England and Wales. 700,000 x 50 makes £34 million at present. Is singling out gun owners really the most constructive way of cutting the deficit that Labour can come up with?He would not say what figure he had in mind - as clearly this measure will barely make a dent. But some commentators are now saying this has to go up to £140,000?

As Andrew Neil on the BBC pointed out to Leslie, anything they’d raise from licences would be ‘tuppence’. And anyway, Labour have already promised that any money raised from gun licence changes will go towards the police budget; so that won’t do the deficit much good.

Like the bankers bonus spent 9 times over, or the Mansion Tax for Scottish nurses, it is pretty clear that Balls and co cannot add and certainly can’t run an economy. Full story and quotes here: http://blogs.spectator.co.uk/coffeehouse/2015/01/labours-latest-plan-tackling-the-deficit-through-gun-licence-fees/