Why do toffee nosed tories spraff on about the economic crisis they inherited from Labour?

	Why do toffee nosed tories spraff on about the economic crisis they inherited from Labour? A tory government would have been just as prone to a global recession as the Labour party was when they were in power. The irony here is Britain was pulling itself out of the recession after Brown's fiscal changes saw economic growth, this right on top of the change over from a Labour goverment to Tory one. Two years later that growth has tailed into a second recession as predicted by Labour. Asked By: . - 5/28/2012

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I have to take issue with Tory voting Paul on his answers to this question. He sounds so typically smug when he gives his well rehearsed version of events during the Brown years. A version of events that has been so often repeated by the Tory party and their brainwashed followers, they know the script by heart. So Blair inherited a strong economy from John Major in 1997 did he? Let me remind John of the state of the country at that time. Tory boom and bust meant thousands of families living in bed and breakfast accommodation, crumbling schools and hospitals, where repairs and maintenance had been abandoned under Thatcher and Major. Class sizes were far too large, teachers, nurses, doctors and dentists in short supply. So much so they had to be brought in from overseas. Classrooms were without heating and almost none had a computer. Unemployment was still over 3 million and jobs were hard to find. There was no minimum wage, and no working time directive, and no child tax credits. People could be hired and fired at will, and there was no protection from unscrupulous employers. But according to Paul, everything in the garden was rosy! Excessive borrowing a favourite trick of Labour to make people think they provide good times? Down to Tories to sort out the mess? Give us all a break. The recession is WORLDWIDE, not just a British problem. It was caused by AMERICA, when the American housing market collapsed, and CAPITALIST GREED took over the banks, who lent more than people could afford to repay (greed again), and squandering investors money on worthless stocks and shares. The banks are Capitalists and Brown had to bail them out or it was goodbye savings, investments, homes, pensions and jobs for millions of working people. Brown led the way with this strategy and should be seen as a saviour of the working mans purse. He is seen as a genius by many other countries in Europe. Only British Tories spread the myths about the man who saved the banks from certain disaster. As for Gordon selling the gold reserves, his sale of the gold was a drop in the ocean compared to the waste of trillions of pounds of North Sea Oil revenues that Thatcher lost the country die to havin to use it to pay unemployment benefits to the three and a half million people she threw onto the scrap heap. Tories only see one side of things. They never admit to doing anything wrong. Their arrogance knows no bounds. But it needs people like me to remind them of why after 18 years of their dictatorship, they were still unable to command a majority at the election. The reason is because nobody trusts the Tories and many remember the terrible time they lived through the Thatcher and Major years. Tories always believe that they have a God given right to rule. At the next election, they must once again be put where they belong, on the benches of the opposition. Answered By: Alan - 5/28/2012

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Alan said it - This is me liking your comment! All governments blame their countries problems on the previous government - I don't understand why people buy that the recession was all Gordon Browns fault when, unless you've been living in a cave for the last four years, it fairly clear that there is a world wide recession. Gonna blame Gordon for that too Paul? I don't agree with alot of new Labours policies but when it come to managing the economy at least an attempt to tackle the problem comes before ideology. Repeatedly it been seen that under Tory austerity - under Thatcher, Major and Cameron, - public spending doesn't even drop because of the millions of people out of work claiming benefits. We can have public spending without increasing the deficit - if we tax the better off. That stimulates growth/provides jobs. The private sector has failed to do so so far like it was promised - therefore its time to tax the so called job providers and do it for them. Its mental that so many people in this country are against policies which will benefit them! Answered By: h - 5/29/2012

Brown;s fiscal changes, that must be a joke. All Brown did was spend, spend, spend. Money does not just grow on trees. Answered By: James - 5/28/2012

You seem to be a bit confused on the facts Answered By: JOHN - 5/28/2012

There is still time for the coalition.Stop mass immigration as you promised,Stop banks and big business moving billions of untaxed money to offshore tax havens,Stop tax loopholes for the rich and stop obscene wages.And put money back in to the consumers hands so we can have a consumer led recovery. Answered By: elo2joe - 5/28/2012

You have to ask - Would the Tory reliance on the private sector done any better ? Given the fact the bankers screwed the whole system the answer is profoundly NO !! Now the banks are propped up by our taxes. So, the Torys dont want tax spent on the public sector but are happy to plough trillions into the banks - which are private enterprise. Answered By: MYRTEL - 5/28/2012

Spraff? Is there such a word? I cannot find it anywhere. The growth/boom years were created on the back of excessive borrowing which is always a favourite Labour trick to make people think they provide the good times. Then when the money runs out - remember the note they left for the Coalition? - it is down to the Conservatives to sort the mess out. Labour have previous for this. Your second paragraph is totally wrong; Blair inherited a strong economy from the Tories in 1997. Don't be so seduced by the mythology of Brown being a brilliant chancellor: how brilliant is it , for example, to claim he has ended boom and bust, sold our gold reserves at the lowest price and clobbered pensioners? If you are unaware of the enormity of the UK deficit at the time of the last general election you must have had your head in the clouds. It's the biggest EVER which is why when it is cited as so it is the truth. That is the answer. As far as any economic predictions made by the Labour party are concerned just remember they presided over the biggest crash and deficit this country has ever seen. Nobody else did; THEY did. I am not suggesting there have not been similar problems in other countries but their governments were not responsible for OUR borrowing. Answered By: Paul - 5/28/2012

You have started with a statement that Gordon Brown stated wouldn't happen under his guidance "no more boom and bust" People with a semblance of financial knowledge know that recessions come and go, on average around every 8 years. Where Brown made his biggest mistake, apart from announcing to the world that he was going to sell most of our gold and crashing the price and still selling it, was he started to overspend during expansion years. This meant that when the recession did happen we had no money left, just a huge debt. Are you actually saying that we weren't in a financial crisis at the time of the last election, that we weren't spending 11?ore than we were raising, that Labour weren't going to address the situation by tax rises and cut backs. History tells you that when you have as bad as a recession as we had the recovery always falters and a smaller less severe recession occurs. One last thing where do you think Labour would have raised the money to keep on spending. The financial markets had worked out that this was a recipe for disaster and the cost of doing so would have crippled future generations. Or are you one of these that doesn't care about your children's future, as long as you are ok. Answered By: John D - 5/28/2012

The fact is that all our governments overspend - it's called democracy. They want to be popular in order to win the next election and save their jobs. Nothing wrong with that. The myth is that the Tories want to cut taxes but in the medium to long term that wing of the party loses out to the majority that wants to tax and spend. The tax cutters are in the ascendency at the moment due to popularity of the policy as a response to overspending, but it won't last once the economy emerges from recession. We would have been in a similar position under the Tories when the credit crunch hit the global economy. I don't remember any big outcry from the Tories predicting a crash. The Bank of England is supposed to be independent experts and it didn't say much. The worry is as globalisation increases, when there is a crash it will more likely be global. In these circumstances, it will be more difficult to turn around individual economies, because everyone will be in the same boat. Answered By: Bill - 5/28/2012

Who cares if they are toffee nosed? Are they honest? Answered By: Turn - 5/28/2012

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