Has Labour crashed the economy ?

Couldn't have said it better myself.

I don't understand why the Tory HQ posters think we are so stupid that we can tell the difference between a real economic crash caused by the government (brexit and liz Truss being worst examples of this) and more normal economic cycles. The economy isn't even doing badly at the moment. The biggest disappointment being the lack of booming growth which is very difficult to achieve given the utter shit show left behind by the Tories.

My job involves making observations on the economy and its effects on business. You do know there was a 5 year period of uncertainty where inward investment to the UK dried up completely? That's Brexit for you. Now we are a third rate option not the place for a European office of international businesses. Plus Liz Truss showed us all what crashing the economy really looks like. You still see the after effects of that on company performance.

After Gordon Brown I thought Labour should never be in power again, and were utterly incapable of sound government.

Then we had the latest Tories and Brexit. It will be a long, long time before I ever trust the Tories with anything more than a PTFA cake sale.

And I worked in the NHS during the last Labour govt and, as @FallingIsLearning says, the idea that it was worse during that time than during the last 14 years is for the birds. The Tories have systematically destroyed the NHS and absolutely no one who has real experience of it would say otherwise.

I think they’ve crashed confidence in the economy. Most people seems really stressed about money these days.

We need to raise productivity and cut costs. Blah de blah. There will be a few expensive initiatives that will attempt to pop a sticky plaster over things.

There are so many things that seem like stupid ideas and cost £££s. Violent children needing to be looked after by private companies at a cost in excess of £1 million per child per year. Private water companies creaming off shareholder dividends whilst dumping sewage everywhere. I think we need to have well run basics that are state controlled.

We have become pretty individualistic perhaps with a claim what you can mentality. Perhaps because the government is constantly pissing away millions so might as well.

Well, the Tories got away with blaming Labour for about 14 years (the hard-of-thinking are still even on this thread blaming 'that note') so I reckon they've got a bit of grace yet.

That’s not what I remember with regard to the NHS. I qualified in 1999 and became a consultant in 2008.

In my first couple of years of work, I remember patients lying on trollies down the corridor and having to wheel patients straight out of cubicles after I had assessed them, so the next one could be moved in to be assessed.

In my working life, there were always inpatient winter bed crises, difficultly in discharge due to lack of social care and medical outliers on surgical wards. However, during my years as a registrar, I did not have to tetris patients around between cubicles and corridor to see them. The pressure then was due to the 4hr wait target. As a final year reg, I was paired with an equally efficient colleague and it was very rare for us to have to hand patients over to each other at the end of an on-call shift.

I never thought I would see the bad old days of patients on trollies lining the corridors again. It is so very much worse now. I can’t describe it without wanting to cry. It’s the whole system - primary care, ambulance trusts, inpatient staffing, social care, and each one that is broken makes it worse for the rest of them.

I’m not saying that New Labour only did good. A lot of money was put in which improved so much, but there was a lot of waste. There were bad decisions (PFI, anyone?).

Where do you think money for public services comes from?
Either borrowing or taxes

My guess is they have, but it's still early days. Wonder how long Labour apologists will continue blaming the Tories and other external factors for the mess they are making.

Perhaps you've forgotten a world wide pandemic - Furlough. And the Ukraine war.....

Under Rishi Sunak’s government in June we were the fastest growing economy in the G7. Now we are having negative growth.

Indeed, and the economy won't grow and businesses will not thrive unless the fundamentals like public services are sorted out.

Labour is another terminal illness to this country. They came to fuck the economy up further. We have a very high income that now goes very quickly in taxes and bills. We have not motivation to stay here and have seen London go from bad to worse with Sadiq Khan. You need to be ultra wealthy to be able to enjoy the city. That if you do not get mugged or knife when out.

This is one thing that really concerns me, especially in respect of small and micro businesses. Employing staff is already a minefield and I've always, always felt passionate about the fact that Joe Bloggs of Down The Road has been duty-bound to the same rules as those companies who make millions - it's not as if there's a sliding scale in any of it.

Worried

It was only “growing the fastest” because it was recovering slower than everyone else post Covid so our GDP was lower than it should have been. It is easier for GDP to grow by 0.5% vs 0.4% when you’re only just hitting the home sprint while everyone else is doing leisurely victory laps.

As I said, there's no cheap or easy way of getting out of this mess. An entrenched, multi-level balls up that's been 14 years in the making.

You want to pretend it all started in July this year, fill your boots. I can't compete with that level of denial.

I blame Nigel Farage and Liz Truss. He was the pied piper for Brexit which prevented recovery from the 2007 financial crisis. Liz truss was a natural disaster shark-nada to the economy. Farage & his far right Reformers are now capitalising on the chaos he caused because he hasn’t fucked the country hard enough yet.

In June our economy was growing the fastest in the G7. That is a fact. Less than 6 months of Labour and we've had 2 periods of negative numbers. We're on the brink of a recession and RR put up NI on businesses so now instead of hiring they will be firing.

The Tories are entirely responsible. Cameron got into a pissing contest with one wing of his party, pledged to make it legally binding, never thought it might actually happen and wandered off into the sunset leaving the catastrophe behind him.

Successive Tory governments went for a hard line, no deal Brexit and buggered us even further.

Has everyone forgotten what they did last time they were in and the note that was left in the treasury office saying there’s nothing left!

Did the joke go over your head? Have you missed everything that has happened in the 14 years since? Labour haven't crashed the economy, the Tories ruined the country. Fucking wrecked it on multiple levels, including economically.

There's no cheap or easy way of getting out of this mess.

I agree and now we've had 2 periods of negative numbers. RR talked our economy down, borrowed lots of money to spent and put up taxes on employers then seemed surprised we are heading for a recession. I dread to think what she'll do in April.

No but Brexit has fucked us up forever

Yes, the people who voted for it. It was a referendum and MPs on both the main 2 parties were for and against.

Oh ha ha so funny

As a business leader in the creative industry yes. Fucked it up massively, as a person who's used care facilities like a hospice, yes big time. Every which way I turn I'm shafted by them.

I equally despised the conservative government as well, but this labour government had a chance to shine and they have just fucked up on global scale.