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Do you think we could have avoided recession if the Tories were in power?

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Comments

  • mbga9pgf
    mbga9pgf Posts: 3,224 Forumite
    sandiep wrote: »
    I think we'd have headed into it earlier, because the Conservative would have been manipulating the interest rates for political purposes for the last 11.5 years.

    Don't forget that during the last conservative government (who also had 12 years, i think), we had 2 recessions.

    How many national banks did they bail out using taxpayers cash?
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    mbga9pgf wrote: »
    How many national banks did they bail out using taxpayers cash?
    you'd do anything to defend them. pmsl...
  • Asheron
    Asheron Posts: 1,229 Forumite
    Are you stupid? All political groups are controlled by the same people :)

    Surprise!
    As an investor, you know that any kind of investment opportunity has its risks, and investing in Stocks or Precious Metals is highly speculative. All of the content I post is for informational purposes only.
  • mbga9pgf
    mbga9pgf Posts: 3,224 Forumite
    chucky wrote: »
    you'd do anything to defend them. pmsl...
    Answer the question. How many national banks did they bailout and how much taxpayers cash was put at risk?
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    mbga9pgf wrote: »
    Answer the question. How many national banks did they bailout and how much taxpayers cash was put at risk?
    I like the easy ones , the same number as the Tories would have done :)
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • ILW
    ILW Posts: 18,333 Forumite
    StevieJ wrote: »
    I like the easy ones , the same number as the Tories would have done :)

    Difference is that a tory government would have had a few quid in the reserves to do it with, unlike labour who !!!!ed the whole lot up the wall over the last decade of boom.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    StevieJ wrote: »
    I like the easy ones , the same number as the Tories would have done :)
    didn't Osborne say he wouldn't have put money aside for the banks and got put in his place and corrected by Cameron...
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