Thread: Brexit
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Old 19-06-2019, 20:05   #3561
Damien
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Re: Brexit

Quote:
Originally Posted by OLD BOY View Post
The Conservatives have received a bad press as a result of the austerity measures introduced to avoid the bankruptcy we were headed towards after the Blair/Brown mismanagement of the economy over 13 years, which saw Gordon Brown plunder our gold reserves, steal money from our pension schemes and squander it all with not much to show for it..

However, the end of austerity is now with us, and you will soon see what the Conservatives can do to help the poor. If they get another term at the end of this Parliament with a decent majority, you will see what I mean by that.
I agree with you on Corbyn but austerity hasn't been a great success. We're still running deficits, our economy has been stagnant and some people have had to bare a disproportionate amount of the burden for it.

In retrospect we would probably have done better to have copied the example from America where they had a massive stimulus package to try and boost the economy. Compare the 2008-2018 performance of the U.S. Economy to our own. Obviously that's speculative, there is no way to know for sure, but austerity wasn't the answer either.
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