The Mudcat Café TM
Thread #168430   Message #4134892
Posted By: Backwoodsman
02-Feb-22 - 08:17 AM
Thread Name: BS: Brexit & other UK political topics
Subject: RE: BS: Brexit & other UK political topics
And the Tories’ ‘Levelling-up’ Minister on ‘Politics Live’ just now, dragging out the tired old Tory trope that the last Labour government ‘bankrupted the country’.

One could be forgiven for believing that, at the same time as they’re hiding their own incompetence behind the Covid-19 pandemic, this government want everyone to forget that the Labour government had to deal with the effects of the world-wide financial crash, and had to spend over £1 trillion supporting our banks (of which a substantial amount was subsequently recovered, but which debt remained at £486 billion at 31st March, 2010).

Nothing to do with ‘Labour incompetents bankrupting the country’, and everything to do with the reckless profligacy of the Tories’ mates, the bankers.

The cost of the 2008 Financial Crash