Thread: Coronavirus (OLD)
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Old 19-06-2020, 23:03   #4127
1andrew1
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Re: Coronavirus
Quote:
Originally Posted by OLD BOY View Post
We can see what you are up to, Andrew. You are fooling no-one. Why even mention the Conservatives when the reasons for that crisis was not due to tneir management of the economy?

Can you really see Labour or the Liberals handling it better? Of course not. Look at the position we were in when Labour left office in 1979 and in 2010. All down to economic mismanagement and overspending.
I think there's a significant degree of ineptitude at the moment that we can see is having negative impact on the economy - like the app, track and trace, late lockdown, etc. Other politicians could undoubtedly do better here.

The 1980/81 and 2008/9 recessions caused a spike in UK government deficits. Whilst neither the Conservative Government in the 1980s or the Labour Government of the 2000s was perfect, these were global recessions...so the increase in debt was largely inevitable. (Less tax revenue, more social security payments.)
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