Of course we'll never know how bad it would have been under labour
😕 Really ? You didn't know what Labour's spending cuts were to be ? How did you manage to decide who to vote for then ? Labour's cuts were very well publicised and covered by the media throughout the election campaign. Just to remind you, Labour planned to introduce cuts of £11bn a year from 2012.
The main difference with the Tories spending cuts is that they pledged to introduce the cuts straight away, and not wait a couple of years until the economy was expanding/booming. I doubt whether it was for any reason other than, to create some sort of difference between New Labour's economic policies and their own.
Because it would hardly have inspired people to go out and vote Tory, if they had agreed with New Labour's economic policies – so false differences had to be created.
Now they are in power, they have brought forward £6bn Labour cuts. Had they changed their minds and chosen the slightly more sensible option of waiting a couple of years, it would have suggested that the economy wasn't that bad after all.
And talking down the British economy is their number one priority right now. In fact David Blanchflower a leading economist on the BoE's Monetary Policy Committee said :
"Why the government wants to scare everybody and talk down the economy I really don't know. Why would you want to talk down the economy? I don't understand it.
It's politics my dear boy, "politics"……….obviously he doesn't understand politics.
Of course the irony of it all is that it is precisely because the economy isn't that bad, that the Tories feel that they'll get away with an immediate £6bn cut. If they don't and there is a "double dip", they will simply blame Labour for it – as you just have aracer.