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Babies are born owing £17,000 due to public debt, says Cameron

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Published Date: 13 January 2009
THIS image of a four-week-old baby is the latest weapon being used the Conservatives to attack the government's soaring levels of public debt.
David Cameron, the Tory leader, yesterday unveiled a poster advertising campaign claiming that every child born in Britain starts life owing £17,000 as a result of record borrowing under Labour.

Official projections show that net government debt,
as a percentage of the size of the UK economy, will rise from 36.3 per cent in 2007-8 to 57.4 per cent in 2013-14. By this time, the UK will owe more than £1 trillion.

The poster reads: "Dad's nose, Mum's eyes, Gordon Brown's debt."

Mr Cameron said: "Every child born in Britain this year will be staggering along under Gordon Brown's debt – £17,000 each to be precise, which will take them decades to pay off."

The Tories claim that tax hikes will be required to pay off the debt in the long term. Mr Cameron said there was "something morally repugnant" about Labour "sacrificing tomorrow for the political convenience of today". He said: "For the first time in generations, parents are looking at their children and questioning if they will have a better life than they themselves had."

Yvette Cooper, the Chief Secretary to the Treasury, countered: "If we don't act now, the recession will last longer, run deeper and cost every one of us more."





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1

Wardog™,

13/01/2009 00:09:50
Yvette Cooper, the Chief Secretary to the Treasury, countered: "If we don't act now, the recession will last longer, run deeper and cost every one of us more."

What a nutjob this woman is.

Her and Ed Swivelling Eyes Balls, what a pair of incompetent sycophantic eedjits......


What's becoming more and more clear as the days go on, there was indeed a leadership coup last summer in Labour. Brown was deposed and his supporters put back in their box as the Dark prince arrived to bail our Purnell, Milliband and others.

Now Milburn is back FFS

NEW LABOUR RIDES AGAIN: BRING BACK MAGGIE BROON



2

Newton_Invented_Gravity,

13/01/2009 01:39:10
Is this the same Yvette Cooper who said that Scotland couldn't pay for the new Forth Bridge crossing over thirty years because you couldn't write the budgets of future governments? Yet oddly, it's Ok for them to do it.
3

Eyesrolledindespair,

Florrididdle 13/01/2009 01:44:48
Cameron wants to get his maths right. Once you add all PPI/PFI etc.. and ACTUAL EXISTING (and hidden) debt.... it's closer to 80,000 pounds sterling that each and every new born will owe by the end of this recession/ depression.
http://tinyurl.com/63wneh
4

Scotindy,

Los Angeles 13/01/2009 02:00:59
Oh for heavens sake bring on the REFERENDUM ON INDEPENDENCE before london BANKRUPTS us too! The result will be of course that SCOTLAND will be attending the Olympic Games in 2012 as an Independent Nation, paid for by our Natural Wealth, and not BORROWED MONEY from else where. However england will not be there, they will be part of gb, or is that Gordon Browns Team????????????????
5

KampungHighlander,

Jakarta 13/01/2009 03:59:20
Does that mean the 2 Headed Baby will owe 34,000?
6

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13/01/2009 06:00:29
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7

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13/01/2009 07:33:19
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13/01/2009 07:34:45
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13/01/2009 08:00:42
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10

Luigiana,

Aberdeen 13/01/2009 10:13:20
Brown's Babes.

We had the Baby Boom, now we have the Baby Bust.
11

Grahamski',

13/01/2009 11:47:59

I can't wait to get my tongue around Ian Gray's dangly bits.

I'm a spitter ofcourse...... (girly giggle)
12

Nikostratos,,

13/01/2009 12:28:14
Dunno what Dave is worried about him and his pal George could pay of the debt easily with all their inherited cash£.

Would be the patriotic thing to do rather than ask those on low incomes to pay for it.
13

boudica,

Glasgow 13/01/2009 18:16:20
We have just cleared WW11 debt last yr .. so that was paid for by 5-6 generations ..that is how it goes each generation pays for those that go before them ......

 

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