Saturday, March 05, 2011

Labour Are To Blame For Britain's Debts

Labour are very keen to blame the banks for the country’s financial problems.

Whilst the banks have a great deal to answer, for we shouldn’t forget that Gordon Brown’s reckless spending and borrowing from 2001 onwards is for the most part the reason for the Britain’s huge debts and budget deficit.

Despite this apalling legacy Labour still refuse to apologise.

There is no apology for the longest recession amongst the world’s biggest economies.

There is no apology for the deepest economic contraction in Britain’s history.

And there is no apology for the biggest deficit in the developed world.

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