Quote:
Originally Posted by OLD BOY
Not quite, actually. The financial crash was not Labour's fault, and I think you will find that we have acknowledged that many times over on these forums, so I don't know why you trot this stuff out yet again.
Unfortunately, I now have to trot out the standard response, in the interests of balance.
Labour spent all of our reserves and so did not have any money for a rainy day. We had nothing to cover the deficit and basically, we were up the Swanee. Labour had no idea what to do and we were in real danger of going under. That's why austerity was necessary, but we all know that your answer would have been even more spending.
Socialists never learn.
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Total Tory Spin, as usual. You are incapable of accepting the immorality of the free market and are incapable of assigning the blame where it belongs. All Government make mistakes and New Labour were no different than the rest. However, the greed of the City was the primary driver of the crash and the following recession. These facts are undeniable to anyone with an objective view.
---------- Post added at 19:26 ---------- Previous post was at 19:26 ----------
Quote:
Originally Posted by papa smurf
you've already been enlightened by others you just won't accept it.
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Bless