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Politics

Where Would We Be Now If Brown Had Won Last May?

77 replies

Chil1234 · 31/01/2011 11:39

Genuine question. Pre-election, the Labour manifesto pledges on budget management were very similar to the ones on offer from the other parties. Darling, in a speech not long after the election, seemed to be very much a 'deficit believer' and criticised Brown for failing to tackle the subject head on, instead getting sidetracked into a debate between investment and cuts. Would things be fundamentally different now if we still had a Labour government? Better or worse?

OP posts:
Niceguy2 · 31/01/2011 11:57

We'd have made it to the first budget. Labour would have kowtowed to the unions and the cuts would not have been as deep.

At the same time they'd still be trying to sleight of hand everyone by cutting one thing then throwing money at another thing.

Result would have been our credit rating would have been downgraded and we'd be royally in the shit. We'd be going cap in hand to the IMF who'd then have forced pretty much exactly the same spending cuts on us in return for the loan.

So basically we'd be in a slightly worse situation and have even LESS money to spend on all the things we'd love to like welfare, police, nurses.

I'm just gobsmacked at how many people still fail to grasp the reality of our economic situation and still think that money grows on trees.

belledechocchipcookie · 31/01/2011 11:41

We'd be in the same position as Greece and Ireland; begging the EU for hand outs because we're bust! Labour have been overspending for years.