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Old 11-11-2010, 11:00   #96
Osem
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Re: Students Rioting in London.

Quote:
Originally Posted by danielf View Post
Responsible yes, but that doesn't mean they caused (all of) it. A large part of the current deficit was caused by an international financial crisis. The UK is not the only country that has to make drastic cuts. It seems rather naive to me to suggest there wouldn't have been a mess under a different government. Perhaps there would have been less of a mess, but if you look around Europe, there are plenty countries that need to make deep cuts regardless of the colour of the government.
Sorry but where have I ever claimed they caused all of it or that there couldn't possibly have been any such problems under a different government? I said they were responsible and the fact that certain other governments around the world were just as inept or even worse doesn't excuse our former leaders one jot. Having said that, as the major financial centre outside NY, what was allowed to happen in the City right under the nose of Brown directly affected many other countries and it was the abject failure of the regulatory system set up on his watch that allowed things to get as bad as they did.

Not quite the same as saying none of it would have happened under the Tories....
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