Quote Originally Posted by al Roumi View Post
There was me thinking they were all for spending their way out of the crash, although you could of course argue that such an approach, followed by notably second rate economies like the US, is deeply wrong.
Labour are, it would not be a terrible idea if we had spare money - we don't.

Don't get me started on Brown or the boom/bust hubris, but then neither have the Tories (Norman Lamont?) been exempt from such catastrophes...
They also recovered from it in time for Labour to take office. Also, 1992 was in large part a targeted "bet" by traders to force London to abandon the ERM (is that the thing, the one from Europe?)

Stop peddling the cluedo-like nonsense that it was labour "wot done it" in the library with a (public spending) hammer.
Stop peddling the "Tories are out to get you" nonsese first, it's silier (this goes to all posters.)