Quote:
Originally Posted by Hugh
So if Labour are to take the credit for the Financial Sector creating so many well paid jobs, should they also take the responsibility for the problems caused by the growth, and subsequent crash, that came from the same sector?  |
Absolutely they can take responsibility for what they did with the BoE and the light touch regulation they applied. Gordon Brown's changes to tax relief on pensions likewise.
It is great to see so many lessons learned and solutions implemented by the existing administration.
Yes that was sarcasm.
Whenever I compare them I always have to refer to
this. I don't need to mention the various policies aimed at propping up house prices and encouraging increasing private debt. Osborne's forecasts
rely on an unprecedented private debt expansion, because clearly what could go wrong with that?