The Mudcat Café TM
Thread #132930   Message #3014772
Posted By: Ringer
25-Oct-10 - 04:49 AM
Thread Name: BS: Spending Cuts UK - The Thread
Subject: RE: BS: Spending Cuts UK - The Thread
"...nailing the big lie that the deficit is something to blame the Brown administration for."

How does that work, then, Richard Bridge?

Let's see... Labour came to power in 1997 inheriting a fairly healthy economy. When they left power 13 years later there was a huge deficit. If it's not "something to blame the Brown administration for," then who? The banks? But the banks were operating under a regulatory regime introduced by Mr Brown. The buck stops at his desk; anything else is sophistry.

I realise that to one of your ideology all economic woes must be laid at the door of capitalism; but (leaving aside the fact that "the banks" is not the same as "capitalism") it's still sophistry.