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Labour is "the party of one notion, to borrow" Labour has only one answer when in government and when in opposition, to borrow more money.

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Darth Simian

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Mar 16, 2013, 4:06:15 PM3/16/13
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How did Tony Blair's Labour Government ruin Great Britain?
After 18 years in the wilderness, the UK Labour Party was elected to
office in May 1997. It inherited a growing economy, falling borrowing,
rising employment, a true golden legacy. So after 13 years of Labour
rule, what is their legacy and how should we judge them? The landslide
victory of Tony Blair to the crushing defeat of Gordon Brown 13 Labour
years saw a massive shift in UK policy which changed the face of UK
society.

Labour went on a massive spending binge and borrowed money, even
though the economy was growing. It spent billions of pound more than
the opposition would have done had the Conservative party won the 2005
General Election.

Most of the growth of the Labour years can be traced back to an
increase in public spending and a large increase in personal debt.
Personal borrowing fuelled the housing boom and created an economic
illusion that could not last forever. People felt richer and spent
more. The economy grew fuelling more consumption leading to more debt.

As David Cameron said in his Conservative Party conference speech on
10 October 2012, Labour is "the party of one notion, to borrow" Labour
has only one answer when in government and when in opposition, to
borrow more money. See the Borrow more money part of Cameron's speech.
more...
http://www.squidoo.com/how-the-labour-government
--
"They gathered, organized and armed the dirtiest, filthiest and most
criminal so-called humans from different parts of the world more than
60 years ago under a false and void excuse and through making fake
news and stories. They occupied the Palestinian territories and made
the Palestinian nation homeless through their military and propaganda
supports"
Mahmoud Ahmadinejad, 6th President of Iran.

Boutros Boutros-PMD

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Mar 16, 2013, 4:31:26 PM3/16/13
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Darth Simian has brought this to us :
> How did Tony Blair's Labour Government ruin Great Britain?
> After 18 years in the wilderness, the UK Labour Party was elected to
> office in May 1997. It inherited a growing economy, falling
> borrowing, rising employment, a true golden legacy. So after 13 years
> of Labour rule, what is their legacy and how should we judge them?
> The landslide victory of Tony Blair to the crushing defeat of Gordon
> Brown 13 Labour years saw a massive shift in UK policy which changed
> the face of UK society.
>
> Labour went on a massive spending binge and borrowed money, even
> though the economy was growing. It spent billions of pound more than
> the opposition would have done had the Conservative party won the
> 2005 General Election.
>
> Most of the growth of the Labour years can be traced back to an
> increase in public spending and a large increase in personal debt.
> Personal borrowing fuelled the housing boom and created an economic
> illusion that could not last forever. People felt richer and spent
> more. The economy grew fuelling more consumption leading to more
> debt.
>
> As David Cameron said in his Conservative Party conference speech on
> 10 October 2012, Labour is "the party of one notion, to borrow"
> Labour has only one answer when in government and when in opposition,
> to borrow more money. See the Borrow more money part of Cameron's
> speech. more...
> http://www.squidoo.com/how-the-labour-government


Yet the Tory borrowing is at record levels, higher than the previous
government.


Ron

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Mar 16, 2013, 5:14:53 PM3/16/13
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"Boutros Boutros-PMD" wrote in message news:ki2knu$4n3$1...@dont-email.me...
If I could be arsed I could pick so many holes in that

Mozzer

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Mar 16, 2013, 5:39:11 PM3/16/13
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You are in denial Ron, The Tories will borrow more in the first 5 years
than Labour did in 13.

Cameron is a leftist over spending social democrat .

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