Weststander
Well-known member
Debt? Osbourne spent in three years as much as Blair did in thirteen. Or are you referring to the Global economic downturn which is apparently all Labour's fault?
New Labour increased national debt from £347B to a £1,011B. In a time of relatively low general inflation, so it cannot be explained as static in real terms. In addition they left Government haemorrhaging £170B per annum, a run away train of state expenditure and interest payments exceeding income, still not fully stopped now.
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