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Labour goes back to its roots.

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Comments

  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    RP he will try to bamboozle you icon7.gif
    '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
  • tomterm8
    tomterm8 Posts: 5,892 Forumite
    Part of the Furniture Combo Breaker
    That comment reminds me about what the Labour party did during the ERM crises... conveniently forget that they supported the policies that caused the disaster!

    (In fact, there are even quotes from certain senior Labour party ministers about how the conservatives didn't set the ERM at a high enough level... snort ).

    Neither of the political parties seemed to have many problems with the deregulation of the bank, or the massive current account deficit, at the time... but it was Labour who happened to be in power when the **** hit the fan.

    I don't have much sympathy for the blighters, it just seems funny that the tories are doing to the champaigne socialists, what the champaigne socialists did to the tories. Fair game is fair game.

    The idea of fixing the roof while the sun shines is funny, because I seem to remember the tories recommending that we remove the roof altogether. And, of course, the Labour party agreed with Tory policy.
    “The ideas of debtor and creditor as to what constitutes a good time never coincide.”
    ― P.G. Wodehouse, Love Among the Chickens
  • Why did we have to go past 40%? because we're in recession? Because we had to rescue the banks?
    If we had only gone over 40% because the bank bailout nudged us over the line I'd forgive the govt. But even a small common-or-garden recession would have dont it, even without all this bank stuff on top.
    The 40% rule was intended to cope with your common-or-garden cyclical stuff.
    Continuing the late 90s trend would have dropped Net debt down below 30%. Again I ask - name me a Conservative chancellor who did this? The accusation is that Labour didn't do something that the Tories had never done either.
    The Tories f*&%ed up large.
    Labour have f*&%ed up large.
    The former does not preclude the latter!
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    StevieJ wrote: »
    RP he will try to bamboozle you icon7.gif

    If you are bamboozled by that, then there really is no hope.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    If you are bamboozled by that, then there really is no hope.

    Truly no hope icon9.gif
    '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
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