Labour and the deficit

I know that we are all getting a bit sick of the politics but I needed to post this.

This is a pretty balanced piece on Labour spending by an Oxford academic.

User Posted Link

They maybe could have saved a little more for the bad times, and selling the gold cheaply was a big mistake, but most of the deficit came from the banking crisis. The idea that their spending was 'out of control' is Tory propaganda that has stuck. I don't understand why Labour didn't work harder to dispel this, as it has definitely stuck in the electorate's mind.

Posted By: Knitted Jesus on May 8th 2015 at 11:31:14

Message Thread

Labour and the deficit (General Chat) - Knitted Jesus, May 8, 11:31:14
- Cos Tories are masters at controlling the media where the truth dunt matter (n/m) (General Chat) - Larry Hagman, May 8, 12:05:42
- not actually true. Here's a FACT for you. (General Chat) - fal5taff, May 8, 11:43:28
  - Except that its wrong. (General Chat) - Johnny Comecardiff, May 8, 12:58:12
  - fal5taff v Oxford academic (General Chat) - duke of york, May 8, 11:45:06
    - gota first inhistory from cambridge, so i dont think he's got anything on me in that regar (n/m) (General Chat) - fal5taff, May 8, 13:50:53
      - He does have one thing on you. (General Chat) - Johnny Comecardiff, May 8, 14:02:46
        
        it depends very much on how you measure it (n/m) (General Chat) - fal5taff, May 8, 14:09:46
        
        the bottom line is - regardless, its v close to 50%. and that is irresponsible and hurt us (General Chat) - fal5taff, May 8, 14:10:22
        
        Except it wasn't 50% (General Chat) - Johnny Comecardiff, May 8, 15:10:56
        
        And it doesn't depend on how you measure it. (General Chat) - Johnny Comecardiff, May 8, 15:12:37
    - toryboy#blinkered (n/m) (General Chat) - Men without hats, May 8, 11:51:09
- I posted that the other day but because it was contained in a Guardian article was rounded (General Chat) - CB41, May 8, 11:35:14
  - Yeah. The right wing bias of the press is definitely a problem for Labour (General Chat) - Knitted Jesus, May 8, 11:38:14
    - At the time I thought that note was brilliant bantz. in retrospect a huge mistake. Of cour (General Chat) - CB41, May 8, 11:41:36

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