Quote:
Originally Posted by andrewb
Are you guys voting Labour honestly giving a thumbs up to massive public debt? 800bn in debt.
We're going to have over 3 million people unemployed. It's alright to go back to 30 years ago... what about now when profitable companies are collapsing simply because government failed to regulate the banks?
All this when Labour inherited a rock solid economy, unlike the Thatcher government which inherited the sick man of Europe and had to fix it. This government inherited a world class athlete of an economy and managed to destroy it.
Labour governments destroy economies. Unemployment is always higher when they leave office than when they went in. Is this really what you want?
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"over 3 million unemployed " - yep, sure sounds familiar - if you endured life under the last Tory government
Re a quote from Tom Harris MP
SITTING in the BBC studio at 4 Millbank earlier today, I found myself reminiscing on air about the first Tory recession of their time in office, when unemployment hit three million and
a million more were dumped onto long-term invalidity benefits.
At the time, in the early ’80s, that level of unemployment was virtually unthinkable and had not been experienced since the 1930s. I recall speaking to a trade union official who told me that, despite the polls at the time, he had been absolutely sure that Labour would win the 1983 general election simply because the nation would not tolerate any government which presided over such a disaster…
Fast forward to today’s awful news that unemployment has hit the two million mark. And when economists predict an inexorable rise to more than three million in the next year, they’re greeted with unsurprised resignation.
The reason for that defeatism is that in recent memory, for almost the entire period of Conservative government from 1979 to 1997, mass unemployment was an inescapable fact of life.
Nearly two decades in which the numbers out of work never fell below two million.
Enter Labour in 1997, and for the next 11 years we had a growing economy, record numbers of jobs and, for almost all of the period we’ve been in government, virtually full employment.
" world class athelete of an economy" - was it - were you there ?? - no, didn't think so