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Old 20-10-2010, 11:02   #11
danielf
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Re: The Comprehensive Spending Review Thread

Quote:
Originally Posted by Sirius View Post
If Mr Prudence had done his job instead of infighting and plotting to get Blier out, We might not be in the horrid position we are in. Labour was the big version of Viv Nicholson the pools winner spend spend spend, However in this case it was Labour inheriting a grow economy when they came to power which as is the norm for Labour then turned it into the horrid position we are in. Its fine for Labour and there supporters shouting about what the tories are about to do but NEVER forget which party put us in this position in the first place.
Let's not forget that austerity measures are in place/planned throughout Europe. The Germans plan to cut £66 Billion, the French $65 Billion, The Italians €25 Billion, and let's not even mention Spain, Greece and Iceland. Do you want to blame Labour for that too?

Fact is: there was an international financial crisis that has hit most countries. The UK may have been in a worse position to start with and may have been more exposed to it due to the importance of the financial sector in the UK, but the reality is that the UK is not alone in having to make tough cuts.
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