What planet is David Cameron on? He is urging us all to pay off debts and exhorting us to have a spirit of "can-do-optimism". His closing speech at the Tory conference in Manchester is a slap in the face for decent working people. His sidekick William Hague tells us that it is "common sense that people should pay off debts when and where they can". Back in the real world, people know that having large debts is not a good idea. We also know that job losses, the high cost of getting an education and a reduction in real wages are what cause levels of personal and family debt to rise. 

Of course it is sensible to be wary of debt. Debt can make you a slave. Debt is ah huge problem in our country. Average household debt in the UK is £8,064 (excluding mortgages). This figure increases to £15,507 if the average is based on the number of households who actually have some form of unsecured loan. If you include mortgages, then average household debt is £55,803.(1)

Small wonder then that 331 people every day of the year will be declared insolvent or bankrupt. 

In order to pay off or reduce debt, however, you need a disposable income that allows this. Wages have not kept pace with the rise in essential costs and services.

The Cabinet of millionaires may not have noticed the rising costs of food, clothing and energy but ordinary folk have. It has been estimated that the average British family will have £910 less to spend this year than they did in 2009.(2)

Many now don't have much left when they have paid essential costs. They have very low savings and struggle to meet even interest payments on loans.

That is also why savings in our country are so low. The security that good savings give is simply not available to most of our people. Nearly four in ten families have no savings at all, half of all families have less than £1,000 in their bank accounts and a quarter have less than £500.(3)

Cameron and his cronies are also hypocrites. Every day the Government national debt increases by £251,500,000 despite their cuts and austerity measures. They don't even practise what they preach!

All this is, of course, the opposite of what the British National Party wants to see. We want our people to be free of the huge burden of debt. Affordable housing, job security, education in how to handle money from an early age and decent wages are just part of a package of measures we support. Many also want the Government itself to take power over the issue of credit into the economy. This goes far beyond the tinkering of "quantitive easing" (though this shows the potential) and would be spent directly on infrastructure and investment in research.

There are ways to solve our problems, but Cameron and his cronies are not prepared to take the root-and-branch measures necessary, as these would upset their friends in the City. Only Nationalists are prepared to take on the vested interests destroying our country and bring power and wealth back to the people. That's why we are vilified and hated - because we want to change your life, the lives of your family and your neighbourhoods for the better.

Cameron bleats about debt but has no real solutions to offer. The British National Party cannot only see the problem - we have the solution too.

References

(1) http://www.moneybasics.co.uk/en/resources/money_information.html

(2) Centre for Economics and Business Research (CEBR) 

(3) ONS, Wealth and Asset Survey