Quote:
Originally Posted by Mancie
The reality is that NO government wether it be Tory,Labour or the present lot has ever really been able to control our economy or avoid recessions over the last 100yrs.
Early 30's was maybe the worse recession..then we had the early 70's blamed on oil, late 70's to mid 80's blamed on the unions..then again early 90's blamed on financial speculators..and then we have 2008 to present blamed on borrowing and credit.
The thing that does make a difference is that a Tory government will always try claw out of a recession by what they might call re-balancing incomes and welfare..meaning cut public spending and raise taxes such as VAT.. because that is the area were they can recope the most money..have we not seen all this before?..they say that the NHS will be "amune" of "ringfenced" to cuts, yet the NHS has been told to make £20 billion in cuts!
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True, to a point.
When it comes to international recessions, on a worldwide scale, there's little a national government can do to protect itself.
Though building lots of nice, new, shiny hospitals, schools, colleges, etc, using PFI's, whose exorbitantly high repayements will cripple the country for generations to come, is only a wise thing to do if you're an imbecile.
Thatcher sold off the family silver, Brown went one better, and sold off the country's gold reserve when prices were rock bottom.
That Scottish inbred shouldn't have been allowed to count the church collection, nevermind been allowed to attempt to run the economy.
I am Gordon Brown, former Prime Minister, and Chancellor.
When it came to U.K. P.L.C., I put the 'I' into run, and created ruin.
