When the Conservatives took power there was an infamous joke about Labour leaving a note and saying 'There's no money left'.
It was followed up by ITV:
https://www.itv.com/news/update/2013-06-24/infamous-liam-byrne-treasury-memo-seen-for-first-time/
It frustrates me intensely.
Gordon Brown went around saying 'No one could have forseen the crash of 2008'.
Except me and DH did, and financially planned for it. We warned a number of our friends who were going for Northern Rock mortgages at the time. We had another friend who was working in the city in 2007, and he was literally having conversations with us about the WHEN bit of it. Theres no way that if he was doing this, there weren't loads of traders actively doing their jobs based on that notion too.
They also did PFI which was insane. I doing a job in which I read all the proposals for a couple of hospitals in the NW. I was reading the financials on it going, why in gods name are we doing this. They were financially illiterate. And thats before you consider the terms and restrictions that this placed on hospitals in terms of what they could do with their own building.
I voted Labour in 1997 and I totally get it. They did a lot of good. But please don't put on those rose tinted glasses and say they were financially massively better than the Tories.
Then austerity. Austerity was also financially illiterate in so many ways. Its cut budgets in ways which meant we ended up spending MORE because of unintended consequences later down the line. It killed the concept of 'the best cure is prevention' in health and crime etc.
But it was also a consequence of the mismanagement of the previous years. No one gets a free pass to say that 'the other party was worse'.
Then we had covid. Brexit was bad enough but Covid just compounded everything.
Frankly, I think theres a bunch of politicians who are good at making noise but fucking useless at numbers and running things on a practical level.
It is so goddam depressing. And I am sick to death of the blame game, piss poor excuses, dodging of perfectly fucking reasonable questions and the lack of responsibility taking. You NEVER have good management with that culture.