Hang on. The recession was caused by Labour then? Not a world wide economic crisis that’d been brewing for 20 years? Wow.
No. Labour, The Tony and Gordon show should have been preparing us for what was building up, boom to a bust.
But what did Gordon do ?, he borrowed MORE !, to win votes and give more money away.
Theres a saying, Gordon may well have like to listen to:
In times of peace, prepare for war !.
Gordon didn’t and so when the world caught cold, we got dragged down with it.
Of course, Grumm would have Labour in power still, and all those things Ed is saying Labour got wrong, well, he wouldn’t be saying that and it would be “carry on”.
You conveniently forget that the markets were circling the UK, waiting to see if they could give us the Greece, or Ireland treatment.
Which is what would have happened if borrow and spend Labour had, some how, stayed in power.
Thank goodness they are gone for now, and long may they stay in opposition.
They couldn’t control their spending in the 70s, and they got it wrong again since 1997.
But of course, the Tory haters will all forget this and woffle on anyway.
Carry on Labour loving loonies.
🙄