Whats been done by Labour in 13 yrs

[Wes Tender]

The recession was an inevitable result of the false boom. The problem we have is that Brown has spent and borrowed so much money that we hadn't actually earnt yet that we are now in the deep doggy-dos. We are paying £43 billion a year in interest charges and it is rocketing upwards.

 

And if anybody cannot understand the analogy, we have been run these past several years in much the same way that Portsmouth Football club have been.

[Whitey Grandad]

And if anybody cannot understand the analogy, we have been run these past several years in much the same way that Portsmouth Football club have been.

But with no FA cup to show for it!

[Joensuu]

And if anybody cannot understand the analogy, we have been run these past several years in much the same way that Portsmouth Football club have been.

 

However, if Cameron gets his way we are about to be run even more frugally than Lowe ever dreamed possible. Isn't the plan to sell off all of the staff and players, and ask the 'Big Society' whether any of them have their own boots and are free on Saturdays? Wonder if we will stay in the Division?

[Fuengirola Saint]

The recession was an inevitable result of the false boom. The problem we have is that Brown has spent and borrowed so much money that we hadn't actually earnt yet that we are now in the deep doggy-dos. We are paying £43 billion a year in interest charges and it is rocketing upwards.

 

The recession was an inevitable result of Capitalisms failure and the casino economy, in my opinion

[Joensuu]

The recession was an inevitable result of Capitalisms failure and the casino economy, in my opinion

 

Absolutely. And despite being ignored by the cabinet, the only people in government pointing out the excesses of the banking world were the Lib Dems and the Labour back benchers. The Tories were all in favour of Blair and Brown's soft touch regulation.

[solentstars]

Absolutely. And despite being ignored by the cabinet, the only people in government pointing out the excesses of the banking world were the Lib Dems and the Labour back benchers. The Tories were all in favour of Blair and Brown's soft touch regulation.

i agree and if the tories had been in power they would have did the same has brown did to stop a 30,s depression in the uk.

it is a worldwide slump started in america caused by the casino economy .

[Whitey Grandad]

The recession was an inevitable result of Capitalisms failure and the casino economy, in my opinion

As opposed to what? A permanent recession in the communist economies?

[Whitey Grandad]

i agree and if the tories had been in power they would have did the same has brown did to stop a 30,s depression in the uk.

it is a worldwide slump started in america caused by the casino economy .

It's not worldwide everywhere and if it was no fault of the (ex)government, why did they claim that only they could get us out of it?

[dune]

i agree and if the tories had been in power they would have did the same has brown did to stop a 30,s depression in the uk.

it is a worldwide slump started in america caused by the casino economy .

 

You are under the impression that we're out of the woods. We are not, and thanks to Brown running a budget deficit because boom and bust was a thing of the past the cupboard was bare when the first recession hit us. If we are hit by another recession we have no chance of it not turning into a depression. Brown behaved like an 80's yuppy supping champagne, buying flash cars, snorting charlie like there was no tomorrow - all on a giant credit card because the good times were rolling and nothing was gonna change. No credit at all can be given to labour when it comes to the economy because a prudent government would have run a budget surplus during the good times to pay for the bad times.