Abitwobblynow-
This thread really proves that even informed people do not get the link between Labour and the mess we are in.
That's because there is no link. The economic crisis was caused by a meltdown of the corrupt global finance system. It caused a recession in most Capitalist countries in the West. The responsibility for the double-dip recession, on the other hand, lies squarely with the Tory scum. Thanks to Osborne's bloodletting austerity measures, it's the first double-dip recession since the 1970s.
A pox on the lot of them, all of them It also proves how foolish Cameron and Osbourne were to go for power now. They should have said to the electorate: no, you voted for them, you can keep them whilst they sort the mess they got you in. And when you want to talk about Conservative principles, when you are ready to hear some honesty, lets talk.
They didn't get us in to this mess. The financial crisis got us in to this mess.
And what would these Conservative principles be? Subsidies for the rich and austerity for the poor? Tax breaks for the wealthiest and removal of the safety net for the poor and disabled? Those principles?
You do realise that, recession or not, after keeping the Tory scum out for over three terms, after this bunch are through wrecking people's lives, they may never gain a Parliamentary majority ever again; you see, the demographics are changing. There simply aren't enough rich, over privileged, reactionary old white men to keep them in power.
Really stupid. Labour would be making worse cuts than they have (Osborne has increased borrowing the idiot). Of course they were going to be blamed for a mess not of their making! Why did they want the job!
Osborne has increased borrowing because the cuts are harming the economy and reducing tax receipts. That's what happens when you screw up the economy - you bring in less income, so your deficit increases.
And 'the mess' is partially their making. They're not responsible for the financial crisis, but they are responsible for the counterproductive economic policies they have implemented since they've gained power. Their destruction of the economy and people's lives will not be forgotten.
I would just like to leave Mumsnetters to ponder on one economic fact: the countries that continued to follow THATCHERITE economic monetary policy, are in no economic trouble at all. No debts, no crisis. Under Thatcherite monetary policy, the interests rates would have been around 7% and so subprime derivitives would never have been attractive, it would have made sense to save unlike under Labour where the incentive was to consume (more for Gordy's tax barrel) and UK wouldn't have spent themselves into a coma.
Show us which economies you mean, how their spending compares with the UK, and how it is that they're in much better shape. I can think of quite a few countries which are in a better shape than the UK, and many of them are social-democratic countries in europe.
Remember that economic policy, just to rub it in again: Thatcherite monetary policy. Don't you all believe she was evil?
Yes, she was evil.
Labour came in to a surplus, and have spent this country into the ground. The fact that you don't get it, the fact that they didn't make this country fair and beautiful - in other words all that money was A WASTE, they just bankrupted it, makes me shake my head.
Labour didn't come to a surplus. The UK has been in debt for all of the 20th and 21st Century:
www.ukpublicspending.co.uk/uk_national_debt
It didn't come to a surplus in income/spending (that is, deficit) either. It inherited a deficit:
www.guardian.co.uk/news/datablog/2010/oct/18/deficit-debt-government-borrowing-data#
I think Plato was on to something. Most people are too stupid to understand the concepts.
Yes, well, I think you should put down that copy of the Daily Mail and brush up on your facts and figures before you start telling them they're too stupid to vote Tory.