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seagullsovergrimsby

#cpfctinpotclub
Aug 21, 2005
43,944
Crap Town
When Labour won the 1997 election they inherited a fairly strong and stable economy. When they handed it back in 2010 the country was nearly bankrupt, there had been a run on a British bank for the first time in 100 years and government spending was out of control.

I do believe that our economy could be run better and fairer than it is at present, but I would not trust Miliband and Balls to run a tuck shop, let alone the British economy.

I'll give you three words - Global Financial Crisis , the Tories would have also screwed it up had they'd been in power.
 




Tony Meolas Loan Spell

Slut Faced Whores
Jul 15, 2004
18,071
Vamanos Pest
Champagne socialism and everyone is equal not forgetting that some are more equal than others.
 


Danny-Boy

Banned
Apr 21, 2009
5,579
The Coast
Couldn't have written it better. People have such short memories. This was the imbecilic party that started it in 1997 and was luckily taken away from the drivers seat five years ago.

There never has been and will never be a Labour government with prudent fiscal policies that stimulate growth coupling it with sensible public spending. They just don't have the brains to do it.

TNBA


TTF

"There's nothing left"...remember that?? What would Ozzie Osborne leave on a card? "Don't ask Vince to help?"..
 




Hastings gull

Well-known member
Nov 23, 2013
4,652
He's referring to Osborne's policy right up until the recession hit. Remember Brown wanting to call an election soon after his coronation? That was scuppered by Osborne's inheritance tax reduction plans, which means that he was planning to increase government spending in 2007.
What Osborne claimed he was going to do after the election was to get rid of the deficit in one term. Alastair Darling said that was too difficult, and that Labour's aim was to reduce it by half. It has been reduced by half in this parliament, but at considerable cost to growth and the social fabric.

Thanks for your help. I appreciate that it was not your original post , by the way, but am rather baffled at this. OK, he was trying to reduce inheritance tax but why would this be taken as read that he was planning to increase government spending -surely there were other measures that might have indicated, seen en masse, that he was deciding on quite the opposite.
 




Hastings gull

Well-known member
Nov 23, 2013
4,652
I'll give you three words - Global Financial Crisis , the Tories would have also screwed it up had they'd been in power.

This is pure speculation, as I am sure you know. Might have happened, but then might not have done; either way, this adds little to the debate. I do recall the Labour politicians always talking of the global crisis, doubtless with some justification, and this was trotted out every time there was bad news. Since then, it has emerged that they were also very profligate, which had nothing to do with the global crisis.
 


Soulman

New member
Oct 22, 2012
10,966
Sompting
This is pure speculation, as I am sure you know. Might have happened, but then might not have done; either way, this adds little to the debate. I do recall the Labour politicians always talking of the global crisis, doubtless with some justification, and this was trotted out every time there was bad news. Since then, it has emerged that they were also very profligate, which had nothing to do with the global crisis.

We could have sold some of our Gold to help out........oh no hang on........
 


seagullsovergrimsby

#cpfctinpotclub
Aug 21, 2005
43,944
Crap Town
We could have sold some of our Gold to help out........oh no hang on........

Brown apparently had to sell the gold bullion when the unpaid invoices for Blair's military jaunts into Kosovo , Sierra Leone , Iraq and Afghanistan were found in a filing cabinet at Number 10 :lolol:
 




Herr Tubthumper

Well-known member
NSC Patron
Jul 11, 2003
62,697
The Fatherland


Biscuit Barrel

Well-known member
Jan 28, 2014
2,758
Southwick
I'll give you three words - Global Financial Crisis , the Tories would have also screwed it up had they'd been in power.

Can you name one prolonged period of time when Labour have been in power and the UK has had a stable economy. Look back at the 1970's. There was huge inflation and interest rates running at 17%. Labour have demonstrated time and time again that they can not be trusted with the economy.
 


hans kraay fan club

The voice of reason.
Helpful Moderator
Mar 16, 2005
62,759
Chandlers Ford




DavidinSouthampton

Well-known member
NSC Patron
Jan 3, 2012
17,354
so why would you want to inflict that political imbecile on us and the consequences that would follow, whilst you are safe living in another country?

Maybe he would do better than the divisive cretins who are destroying anything that is worthwhile in this country at the moment.
 


HantsSeagull

Well-known member
Aug 17, 2011
4,078
Caught in a Riptide


Raleigh Chopper

New member
Sep 1, 2011
12,054
Plymouth
Can you name one prolonged period of time when Labour have been in power and the UK has had a stable economy. Look back at the 1970's. There was huge inflation and interest rates running at 17%. Labour have demonstrated time and time again that they can not be trusted with the economy.

Crikey, was you not around when John Major was prime minister.
 




Herr Tubthumper

Well-known member
NSC Patron
Jul 11, 2003
62,697
The Fatherland
they are all idiots - i don't want to get into a politics row. i just resent being told whats best for us by someone who doesn't live here!

I am allowed to vote. And maybe one day I'd like to return.
 


Herr Tubthumper

Well-known member
NSC Patron
Jul 11, 2003
62,697
The Fatherland


Eeyore

Colonel Hee-Haw of Queen's Park
NSC Patron
Apr 5, 2014
25,922






DavidinSouthampton

Well-known member
NSC Patron
Jan 3, 2012
17,354
they are all idiots - i don't want to get into a politics row. i just resent being told whats best for us by someone who doesn't live here!

Not seeking row! Happy new year! Up the Albion! Viva Chris Hughton and Nathan Jones etc etc.
 


Mr Bridger

Sound of the suburbs
Feb 25, 2013
4,753
Earth
As much as I'm no fan of Labour Party, I think, if we're talking major cuts, you have miss-read our political landscape.

I have a spare 'N' left over from my christmas scrabble if you want it?
 


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