asterisk2a + liberal + monetization + party   2

Economy concerns as household debt rises to £40bn in latest figures | Business | The Guardian
Families are expected to run up £40bn of debt this year, sparking fears about Britain’s economic recovery. [...] (OBR) forecasts have found that households have moved from a surplus of £67bn in 2010, the year the coalition took power, to a £40bn deficit this year. Unsustainable borrowing is on course to near the levels reached in the run-up to the 2008 financial crash, according to Labour. Seema Malhotra, the shadow chief secretary to the Treasury, said: “George Osborne is relying on millions of British families going further into debt to hit his growth targets. [ as projected by economists, that household had to take up debt, shifting debt burden off the public balance sheet, when austerity plans were revealed together with LibDems, to meet growth targets/estimates, back then. same w decistions to increase student loans, convert grants into loan ie for nursing, remove allowances and grants. same w the green bank. shifting items off the balance sheet. and underinvestment. ]
economic  growth  austerity  trickle-down  economics  underinvestment  George  Osborne  nasty  party  Tories  Conservative  neoliberalism  neoliberal  budget  deficit  Student  Maintenance  Grant  Education  Maintenance  Allowance  debt  loan  debt  loan  Student  Bubble  generation  rent  Generationengerechtigkeit  fairness  policy  Liberal  Democrats  household  debt  consumer  debt  squeezed  middle  class  working  poor  credit  card  debt  credit  card  car  loan  Precariat  precarious  work  child  tax  credit  working  tax  credit  tax  credit  wage  stagnation  income  growth  inequality  Gini  coefficient  rat  race  status  anxiety  status  symbol  debt  servitude  debtoverhang  sovereign  debt  crisis  Super  Cycle  ZIRP  NIRP  mortgage  market  property  hunt  for  yield  QE  New  Normal  macroprudential  policy  macroeconomic  policy  microeconomic  policy  debt  monetisation  debt  monetization  debt  private  debt  Privatisation 
december 2015 by asterisk2a

related tags

accountability  Allowance  anxiety  austerity  bubble  budget  Cameron  campaign  car  card  Career  child  class  Clegg  code  coefficient  coldprogression  Conservative  consumer  Council  credit  crisis  Cycle  David  debt  debtoverhang  deficit  democracy  Democrats  disenfranchise  disposable  dissent  economic  economics  Ed  Education  Election  error  Europe  European  fairness  Farage  fiscal  folly  for  free  general  generation  Generationengerechtigkeit  George  GeorgeOsborne  GFC  Gini  governance  Grant  growth  household  hunt  immigration  income  inequality  jubilee  Labour  Liberal  living  loan  macroeconomic  macroprudential  Maintenance  Makers  market  microeconomic  middle  Miliband  monetisation  monetization  mortgage  nasty  neoliberal  neoliberalism  New  NHS  Nick  Nigel  NIRP  No  Normal  of  Osborne  oversight  party  policy  political  Politicians  Politics  poor  populism  Precariat  precarious  private  Privatisation  Proletariat  promises  property  QE  race  rat  recovery  rent  Representation  servitude  sovereign  squeezed  stagnation  standard  status  Student  Super  symbol  tax  Tea  Tories  trickle-down  UK  UKIP  underinvestment  wage  work  working  yield  ZIRP  zombie 

Copy this bookmark: