You didn't know what Labour's spending cuts were to be ?
Well I knew about the ones they decided to publicise – though like all parties they were careful to keep quiet about as much as possible. What we have no way of knowing is what the results of their policies would have been – I'm unconvinced that putting off any attempt to address the deficit would have played well on the global financial markets (like it or not, they do have a big say in how things work – not least because the exchange rate has had far more effect on prices than a piffling 2.5% rise in VAT).
If they don't and there is a "double dip", they will simply blame Labour for it – as you just have aracer.
You're so right, that is totally unfair, because the rise in inflation to 5.3% and the increase in unemployment of 50k for April was all the incoming government's fault.
