Quote:
Originally Posted by OLD BOY
The Conservatives brought austerity to an end because they managed to achieve the position where they could start to bring down the nation's debt. The half a trillion added to that debt was what was funding the deficit created by Labour. The deficit could not be left as it was - I assume you understand that.
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They brought in austerity for some (poor people) and not others (rich people) and I suspect there were better ways of cutting the deficit than stripping services to the bone and giving tax cuts to the richest especially when there were record low interest rates at the time that continued throughout this ideological crusade.