to wonder why New Labour didn't put a bit by for the bad times?

[Swedes]

Considering they have been at the helm during a period of unprecedented growth? And they inherited a golden legacy of an economy from the Tories when they took power? Why is nobody asking this question?

They are bloomin useless and they deserve to get a huge kicking at the next election.

Because they (and we) never learn, they do the same thing every time they come into power, bring the country to it's knees.