Post by witchfinder on Sept 13, 2024 13:23:01 GMT
Saying "as always" and then providing not one single example of Labour being as bad as the Tories have been kind of suggests you know you are talking rubbish; and lets face it we both know you ARE talking rubbish.
You say "as always"; but when have Labour ever been this disastrous for the economy?
Even New Labour left the incoming Tories more wriggle-room than the Tories have left Starmer's Labour.
I know New Labour didn't do a great job with the economy, especially in the fall-out of the global financial crisis where they should have been way, way better prepared given the strength of the economy in years immediately prior to the crisis; but based on the last 14 years of Tory economic incompetence New Labour's old record is looking positively glowing.
Has any Labour Chancellor ever had the kind of negative economic impact that Truss' disastrous tenure as PM, and Kwarteng's even more disastrous tenure as Chancellor had?
The last 14 years, and the last 4 years especially, have been a text-book example of Economic Incompetence, and Political Arrogance the like of which this country has never seen before.
All The Best
Now look at the OVERALL picture, look at the entire term of the discredited Tory governments under 5 prime ministers over 14 years.
On average MUCH LOWER growth than under the previous Labour government, in fact growth has stagnated over the past 14 years, as proven yey again by July's figures.
When the last Labour government left office, the UK had not long since emerged from the deepest recession and worst financial crisis since the 1930s, and many nations were still in recession, though Gordon Brown had by 2010 sucessfully brought the UK out of recession and growth was coming back strongly.
The claim in the above chart regarding growth is also NOT CORRECT, the UK emerged strongly from the 2007-2009 recession, and growth before the Tories came to power in 2010 was higher than both France and Italy, which then makes you wonder what else in the illustration is incorrect.
