Quote ="El Barbudo"You have pointed at 2001 in an earlier post.
Brown had refused to over-spend in the previous four years, building up what the press referred to as his "war chest".
I think you'd agree that the time to spend is when there is a danger of recession?
Well, in 2001 GDP growth fell to 0.3%.
Exactly the time to start spending.'"
Clearly I don't agree. We were not in danger of recession and we certainly didn't need the six years of overspending that followed.
Whilst I failed to get a decent explanation for the overspending on this thread I have spotted one on another [url=http://viewtopic.php?p=16983265&tsmp=1341065643#p16983265thread[/url:
Quote ="major hound"Blair came in on a fairly middle of the road programme and pretty fair economic weather. Brown did quite a lot of redistribution on the qt. But didn't crow about it. But they stuck to the Tories 1997 spending plans (which the cynical Ken Clarke admitted that even the Tories hadn't planned to stick to) and were condemned for not doing enough for the least well off during the 2001 election. Hence the spending on social services.'"
Quote ="Mintball"The crisis was causes by massive over-spending on public services and the gold-plated pensions of public sector workers.'"
Again I ask who, other than you, is making this claim?
