Quote Originally Posted by Louis VI the Fat View Post
No, your/mine link unequivocally shows that, until the current international crisis broke out, Labour managed to decrease debt as percentage of GDP.
Umm...those figures you posted show that debt as a percentage of GDP has been increasing since 2001, well before the current international crisis broke out...so they only decided to stay prudent until they got elected for a second time after which they went on a spending binge.

Alternatively, you could view it as them benefitting from the previous Conservative economic policies, allowing them to reduce debt as a % if GDP for a few years, until their own economic policies started to have an effect and things went wrong from there...

It is not possible to say how the Conservatives would've handled the defense budget in the past twelve years.

It is possible to go over the numbers of what Labour and Tory governments have spend on defense in the past decades. These numbers show that the past two Tory governments have halved the defense budget, that the majority of this decrease happened before the end of the Cold War, and that the past two Labour governments have overseen the biggest defense spending increase since the Second World War.
Alternatively, you can look at the fact the previous Conservative government ordered almost all the Navy's new ships and a fair number of the RAF's new aircraft, they just weren't around long enough to see them delivered, whereas Labour hasn't bothered to even fulfil the ordering requirements set out in it's own Strategic Defence Review.