NEWS: George Osborne: UK has run out of money

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TUESDAY, FEB 28, 2012| 2 comments

George Osborne: UK has run out of money

In a stark warning ahead of next monthâ€™s Budget, the Chancellor said there was little the Coalition could do to stimulate the economy.

Mr Osborne made it clear that due to the parlous state of the public finances the best hope for economic growth was to encourage businesses to flourish and hire more workers.

â€œThe British Government has run out of money because all the money was spent in the good years,â€ the Chancellor said. â€œThe money and the investment and the jobs need to come from the private sector.â€ ...

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· Page 1 · Found: 2 user comment(s)

2/28/12 1:46 PM

Cliff Leckey

| N. Ireland

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"The British Government has run out of money" says the Chancellor George Osborne.
Something we all know. Check out the angry posts on the DT.
So why are we borrowing more money to give away to the EU /IMF/India/Greece/Ireland ect ect. Am I missing something?
Or have I strayed into the twilight zone again

2/28/12 11:33 AM

Go Happy

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Not to worry, 'ol chap. The US is your good friend. We'll take care of you guys. Then you'll awaken one day wondering where you got those chains.

"He who builds his house with another's money is collecting stones for his funeral mound."

-1611 KJV

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