The Tories are not “paying down the debt” as claimed. They are “raising more money for the rich”
Labour’s social and economic policy was a success, and this is substantiated by the LSE’s definitive survey of the Blair-Brown years:
“There is clear evidence that public spending worked, contrary to popular belief.” Nor did Labour overspend. It inherited “a large deficit and high public sector debt”, with spending “at a historic low” – 14th out of 15 in the EU.
Labour’s spending increased, and money was invested in public services and social programs, and until the crash was still “unexceptional”, either by historic UK standards or international ones. Until 2007 “national debt levels were lower than when Labour took office”.
After years of neglect during the previous Conservative administration, Labour inherited a mess: public services in very poor state, shabby and squalid public buildings and unforgivably neglected human…
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