HappydaysArehere ……. A Boris “spend, spend, spend” is interesting, and as I left London over 30-years ago and don’t follow the annual affairs of London, please tell us what you mean.
I'll tell you why, as in my experience most people fail to see the long term economic difference of ££billions of taxpayers money being lavished on fat intrusive Quango-esk government/salaries, with the projects that creates private sector employment and over time helps creates sustainable economic growth e.g via infrastructure.
As an example of ‘the before’, Ken Livingston who did some good things e.g. Oyster cards, in a time when it should have been obvious London needed housing, had space cadet plans to launch a taxpayer funded London satellite in space to ‘monitor’ things on the ground, and have mobile phone calls go through it. Probably the time Labour were still looking to lock people up for 90-days without trial, IN CASE the security services needed it. Hmmm.
www.standard.co.uk/news/ken-livingstones-12m-space-mission-to-spy-on-drivers-7187159.html
Indeed Ken was well into a big fat subsidized by someone State, hence his relationship with the state controlled prices Venezuelan El-Presidenti Hugo Chavez, and with so much in common looked to trade a bit of their oil with our inability to upgrade our own London transport system, ‘expertise’.
blogs.telegraph.co.uk/news/danhodges/100205661/hugo-chavez-ken-livingstone-and-me/
As I say, Livingstone’s 2000-2008 time in office came within what the BoE Governor called ‘the nice decade’, which was an understatement as that decade that ended in early 2008 was by good fortune a global boom, with stable inflation and lowing interest rates, was the best time to solve many of our social problems and make the proletariats life so much better – what a shame they fucked it up and left a £157 billion annual overspend.
So I reiterate, whatever Boris achieved ‘it could have been a lot worse’, as whether a socialist mayor or government, they can’t function, so once the money has run, out taxes for everyone go higher, businesses in the largest recession in 100-years would have suffered/closed = less jobs & taxes to fund big spending plans = ever larger national debt, on the Road to Athens.