"The debt/deficit was not caused by Surestart. It was caused by bailing out banks."
Just to state what should be "the bleedin' obvious"...
The deficit, which is the crux of our current problem, was not caused by bailing out the banks. The deficit was caused by the Government spending more than it earned during the "good years" and therefore not having a hope in hell of making ends meet when things do go wrong.
Basically they were giving us far too much, things such as but not limited to SureStart, and charging us far too little for them. And if you have to resort to hitting the credit cards to pay the bills when things are as good as they're going to be, well, it should be obvious what's going to happen when your finances take a dip.
"It was not mentioned before the international banking crisis, credit crunch, etc."
Because the banks gave Labour someone to blame, they could tell you that it wasn't their fault but that big nasty banks were really responsible. And you believed it, so Labour's very happy with that. And as to the Tories, well they were just as bad, but they've now got Labour to blame for the problem rather than admit that when they were in office they were doing exactly the same thing.
So the Government either has to spend less, so things like SureStart get hit, or we all have to pay a lot more in taxes to make the books balance. Pretending that it's all the fault of the banks won't solve the problem and will just land our children in even deeper trouble in another generation.