I think it is. They were elected on a ticket of tightening the belt and they’ve ended up spending like it’s going out of fashion and leaving it to our kids to pay the tab.
The uncomfortable truth is that that *was* tightening the belt
That’s how unbelievably massive government spending has grown to be.
Can you imagine, just imagine, for one second, if the Tory Government, on coming into power in May 2010, had actually cut government spending to match tax receipts?
Jesus, can you imagine what would have happened if they had put taxes up to maintain that level of spending? Lots not pretend this is adding a few pence onto tax for the wealthy, the government would have had to double the entire national take of income tax, and still had a hole big enough that it required them to double inheritance tax and capital gains tax in order to make spending match receipts.
And all the time Labour were sitting there shouting that the only answer was spending even more 😯