Wednesday 18 October 2017

"Government Has No Money of Its Own"

Factually incorrect to the point of illiteracy, Theresa May (PDF). But then, with Philip Hammond at your side, you also screeched on about "racking up debts". You and he would certainly know about that. You'll get away with it, though. You will even get away with "Labour's Great Recession".

There have been seven recessions in the United Kingdom since the Second World War. Five of them have been under Conservative Governments. That party has also presided over all four separate periods of Quarter on Quarter fall in growth during the 2010s. By contrast, there was no recession on the day of the 2010 General Election.

And now, the Conservatives have more than doubled the National Debt. The Major Government also doubled the National Debt. Yet the Conservatives' undeserved reputation for economic competence endures. They are subjected to absolutely no scrutiny by the fake news detractors of their opponents, even when those opponents are endorsed by Nobel Laureates in Economics and by the IMF.

2 comments:

  1. Good old Speedboat, "Here's what you could have won?" The greatest MP this seat never had, you'd be called in an asked whether you wanted Shadow Chancellor or Shadow Foreign Secretary.

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