Quote:
Originally Posted by andrewb
We're already in a mess. Largely of Gordon Brown's making. Labour have spent, spent, spent over the last decade, with no thought about the future. I don't trust them to reduce the deficit, since they're the ones that have built it up. If we don't reduce the deficit quickly, and Labour plan to do nothing in the first year, we'll see rising interest rates which will hit mortgage owners hard.
Brown is balancing the budget on the backs of working people.
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And the 50p tax rate and 5% stamp duty on mansions? Didn;t you aregue that all Labour want's to do is penalise the successful?
Your argument would have merit if Germany's and Japans economy hadn't had deeper recessions, if unemployment was higher in the EuroZone and USA.
It would also be an acceptable argument if Britain wasn't so reliant on financial services or that every other country has adopted Gordon Brown's solution.