Cameron gets the message on the Legacy of Labour

David Cameron yesterday started blaming the current deficit problems on the last Labour Government.  Benedict Brogan on his Telegraph Blog quotes Cameron

 “I think people understand by now that the debt crisis is the legacy of the last government. But exactly the same applies to the action we will need to take to deal with it. If there are cuts – they are part of that legacy.”

I have been thinking along the same lines for a while now. See for instance.

https://manicbeancounter.wordpress.com/2010/03/21/the-impact-of-labour-on-the-current-crisis/

https://manicbeancounter.wordpress.com/2010/03/22/the-economic-legacy-of-labour-a-summary-for-the-tories/

https://manicbeancounter.wordpress.com/2010/03/24/the-golden-rule-has-lead-to-economic-ruin/

https://manicbeancounter.wordpress.com/2010/04/04/labour-bashing-business-to-save-facing-their-awful-reality/

I believe it is as important for the future to understand the political element of how Labour went so wrong. The Golden Rule and the denial of the problem until it was too late have made a serious recession into a painful period of painful cuts in expenditure and large tax rises. This nation will be poorer for a generation as a result.

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2 Comments

  1. Banking deregulation, started under Thatcher. It amazes me that Tories seem to be attacking the public sector, as if it’s some great evil, for the total incompetence of the private sector.

    Reply
  1. General Election 2017 is a victory for the Alpha Trolls over Serving One’s Country | ManicBeancounter

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