superblue24
Director
Oh, and the notion that Iraq was the reason labour were voted out is just utter rubbish.
Seriously? Labour inherited a well run and healthy economy, what did they do with it to leave the country effectively broke? Brown can't have been that good a chancellor as that was the duration of his tenure before taking over as PM.
Oh, and the notion that Iraq was the reason labour were voted out is just utter rubbish.
You'll no doubt remember that there was a world wide economic crash which started in 2007/8 that we're still suffering from.
Answer me a question. Do you think that turning the economy around in 3 years was achievable? And if so, under what strategy?
Yep, there was, but instead of holding on to what reserves we had, Brown went and sold them off. Labour then started throwing ridiculous amounts of money at immigrants while British people, born and bred (of many historical creeds) have seen the pound in their pocket worth less and less. Labour cocked up big time on their immigration policy, I think that's one of the biggest reasons why the country is still suffering.
There never really WAS a shortage of labour, it's just that people thought a lot of jobs too menial for them.I'm quite happy to admit (with the benefit of hindsight)that Labour's decsion not to impose strict accesion controls(along with only Ireland and Denmark in the EU) on Polish immigrants was a mistake.
However, the decision was made at a time of economic growth ( well before the crisis hit), when their was also a shortage of labour.
To suggest that this subsequent immigration was in any way linked with the difficulties the UK has had in recovering from the 2008 crisis is preposterous,IMO at least.
You'll no doubt remember that there was a world wide economic crash which started in 2007/8 that we're still suffering from.
The level of delusion is staggering.
You have confused the catalyst with the cause. There are two economic problems in Britain: the fiscal (deficit and debt) problem and the banking crisis.
The cause of the fiscal problem was the massive increase in public spending and borrowing from 2001 to 2008. It was done on the basis that the credit fuelled consumption binge and financial services engineering was real GDP growth. When the banking crisis hit the illusion was shattered. To be clear, the banking crisis was the catalyst and the Labour government fiscal policy the cause. Your assertion is akin to blaming the lamppost after the reckless, drunk driver ploughs in to it.
The banking crisis we also face is as a result of the continuous erosion of competition in the banking sector as a result of political obsession with scale. We now have a slimmed down banking sector that relies on taxpayer backing to survive. It was Gordon Brown's FSA and his personal obsession with supporting Fred Goodwin's expansion of the RBS balance sheet that led us to that position.
The last government caused so much economic mayhem that it will probably take 20 years to recover. That you can claim they were not in any way culpable is insulting and mendacious.
The last government caused so much economic mayhem that it will probably take 20 years to recover. That you can claim they were not in any way culpable is insulting and mendacious.
No matter how many times you explain this Neil, it will forever be lost on Barna.
Maybe referring to the episode of the simpsons when Homer spends a years' budget in a month as Sanitation Commissioner of Springfield might be a better way of breaking things down to Barnas level.
I challenge you to find anything I've ever said on here to the effect that the last Labour Government were "not in any way culpable"
Indeed, until the new Labour leadership comes to terms with Labour's part in the current crisis (by apologising for their actions in Government), then Miliband (quite rightly) will never completely win over the trust of the British people.
The notion that the present crisis will take 20 years or so to recover from, conveniently absolves the present Tory led coalition from managing to fix the problem in the current five year term ,which they claimed they would be able to do.
It's really about time you stopped demeaning the intelligence of other posters who disagree with your political and economic opinions.
All the tory diehards (superblue and neil F) can do is blame the last government. It's exactly the same line Cameron/Osborne and Blair/Brown used to cover their own inadequacies.
The fact that you can come on here and use this argument to excuse this shambles of a government is laughable.
You need to put your dogma aside for one second and just admit that this current government have failed to achieve any of the major targets that they set themselves.
Apart from gay marriage, what has Cameron achieved since beingini office?
All the tory diehards (superblue and neil F) can do is blame the last government. It's exactly the same line Cameron/Osborne and Blair/Brown used to cover their own inadequacies.
The fact that you can come on here and use this argument to excuse this shambles of a government is laughable. You need to put your dogma aside for one second and just admit that this current government have failed to achieve any of the major targets that they set themselves. Apart from gay marriage, what has Cameron achieved since beingini office?
Labour were negligent in their second term and I am personally insulted at the way they mishandled everything and led us into deep abyss of debt without putting the brakes on! Look at any graph you like. Every single one shows us spiraling into a mess from about 2008 onwards. Yes, that is when the banking structure collapsed, but you have to ask why Labour decided that more public spending was the way forward?
And there was me thinking that the last Labour Government was elected for three terms of office, starting in 1997 and finishing in 2010.
I think you're describing their third term of office here, actually.
I think the banks are to blame for a lot of this mess. Even during the last Conservative and Labour leaderships, I can recall forever picking up post with new credit card applications, falling through the door like confetti.
They encouraged debt as much as the man in the street spent it and bank/building society mortgages were very easy to get even for those that didn't stack up.