Quote:
Originally Posted by Hugh
But they can be blamed for putting the country into so much debt that when the recession hit, we were so badly affected.
"End to boom and bust" was the phrase used, I believe.....
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just to play devils advocate for a mo ,If labour had not spent so much money we wouldn't have the new schools ,jails and hospitals .The best thing they did in my opinion was the huge investment in social housing improvement ,unfortunately instead of these types of investment being done steadily over a number of decades they tried to do them all at once which meant borrowing huge amounts ,i believe that most of the investment was done in 05/06 and 08/09 when they doubled investment when they should have started back in '98 .
Labour did some good work with investing our money and we realy did need it the problem is they went about it the wrong way