In article , RJH
writes
On 15/12/2019 19:25, Tim Streater wrote:
In article , Richard
wrote:

On 15/12/2019 14:39, Dave Plowman (News) wrote:
In article ,
*** harry wrote:
Remember Gordon Brown selling off all our gold at rock bottom
prices* so
he could make the books look less bad than they were?

Now explain how the national debt has doubled since the last Labour
government was in power - despite years of austerity.

Servicing that debt costs the country more than the budget for
education.
Sure. And it's because Labour left such a deficit.

Do you know why Labour left the 2010 deficit? Any government of the
time would have done pretty much the same.

In terms of economic policy since then it doesn't really matter. The
cuts were enforced by the EU financial stability rules.
--
bert

In message , bert writes
In article , RJH
writes
On 15/12/2019 19:25, Tim Streater wrote:
In article , Richard
wrote:

On 15/12/2019 14:39, Dave Plowman (News) wrote:
In article ,
*** harry wrote:
Remember Gordon Brown selling off all our gold at rock bottom
prices* so
he could make the books look less bad than they were?

Now explain how the national debt has doubled since the last Labour
government was in power - despite years of austerity.

Servicing that debt costs the country more than the budget for
education.
Sure. And it's because Labour left such a deficit.

Do you know why Labour left the 2010 deficit? Any government of the
time would have done pretty much the same.

In terms of economic policy since then it doesn't really matter. The
cuts were enforced by the EU financial stability rules.

Oh! Does this mean we can have rampant monetary inflation shortly?

--
Tim Lamb