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Old 23-11-2023, 21:51   #1270
Damien
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Re: The Chronicles of Rishi

You have to give them a pass on the COVID debt. It was universally supported and the consequences of not having the support in place could have been much worse. A crisis can happen and the deficit shoots up but it'll come back down again since it wasn't structural. Look at 2008 for the same thing.

The main economic failure of the Tories was the lack of growth during their tenure. They did austerity but that helped depress growth making the cuts worse and now we have the worst of all worlds: low growth, high debt and poor public services. It's a nightmare combination. We didn't take advantage of record-low interest rates to invest and drive growth either. Just a decade of stagnation and failure, even by their own goals.
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