If Labour spent too much, then why did Osbourne back their spending planshttp://www.t

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username878267
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I can't stand this myth perpetuated by the Tories and the press that Labour spent too much.
In 2007, Osbourne said he would match Labour spending 'pound for pound' and backed Labour's spending plans.

http://www.telegraph.co.uk/news/ukne...-spending.html

They backed Labour's spending plans.
So please someone tell me why the tories backed their plans then?

The tories supported it all the way and now turn around and say that Labour were wrong, when they would have done exactly the same thing. Yet somehow they'e saying ' I told you so'.
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edsilliband
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(Original post by Bornblue)
I can't stand this myth perpetuated by the Tories and the press that Labour spent too much.
In 2007, Osbourne said he would match Labour spending 'pound for pound' and backed Labour's spending plans.

http://www.telegraph.co.uk/news/ukne...-spending.html

They backed Labour's spending plans.
So please someone tell me why the tories backed their plans then?

The tories supported it all the way and now turn around and say that Labour were wrong, when they would have done exactly the same thing. Yet somehow they'e saying ' I told you so'.

I spent some time looking up some facts. The coalition govt has actually left us in greater debt and spent more than the blair/brown govt...

I don't get it either
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The_Mighty_Bush
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Because they wanted to get elected.
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username878267
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(Original post by The_Mighty_Bush)
Because they wanted to get elected.
Well, obviously.
But you can't say Labour's spending crashed the economy when you voted through their spending plans and promised to match them. Had they opposed them at the time -FAIR ENOUGH. But they didn't.

So when Tories say Labour spending bankrupted us, by the same token they're admitting the tories would also have bankrupted us but they don't even realise it.

Mind you, when you have the entire media on your side, you can say what you want no matter how hypocritical.
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The_Mighty_Bush
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(Original post by Bornblue)
Well, obviously.
But you can't say Labour's spending crashed the economy when you voted through their spending plans and promised to match them. Had they opposed them at the time -FAIR ENOUGH. But they didn't.

So when Tories say Labour spending bankrupted us, by the same token they're admitting the tories would also have bankrupted us but they don't even realise it.

Mind you, when you have the entire media on your side, you can say what you want no matter how hypocritical.
Politicians being hypocritical and shortsighted in their attempt to get elected should not be a surprise. You aren't saying anything profound here.
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mojojojo101
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(Original post by The_Mighty_Bush)
Politicians being hypocritical and shortsighted in their attempt to get elected should not be a surprise. You aren't saying anything profound here.
This.

Its time to stop.cooperating with these idiots.
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username878267
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(Original post by The_Mighty_Bush)
Politicians being hypocritical and shortsighted in their attempt to get elected should not be a surprise. You aren't saying anything profound here.
I'm not saying I am.
The tories get away with it though and the press barely mention it.
If they say labour wrecked the economy then they are basically saying they would have done too since they backed their 'economy wrecking' plans.
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The_Mighty_Bush
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(Original post by Bornblue)
I'm not saying I am.
The tories get away with it though and the press barely mention it.
If they say labour wrecked the economy then they are basically saying they would have done too since they backed their 'economy wrecking' plans.
They all do it.

Yes, but it doesn't matter to them as long as people don't realise it.

Also you realise that just because the Tories said they would match Labour's spending does not in and of itself mean that Labour didn't overspend?
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username878267
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It was a capitalist free market crash, not a socialist one.
Labour spending money did not crash the economy. America and Iceland didn't suffer because we spent money on our schools and hospitals.
It was the de-regulation of the banks and financial services that contributed to it. We fully admit we got it wrong, but the tories called for even less regulation and continue to do so. We left the financial sector alone and look what happened.

So I don't see how the tories, who called for even less regulation and promised to match Labour's spending can possibly accuse Labour of wrecking the economy when they voted for these plans in the first place and vowed to match them.
They're basically admitting the tories plans would also have crashed the economy.
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The_Mighty_Bush
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(Original post by Bornblue)
It was a capitalist free market crash, not a socialist one.
Labour spending money did not crash the economy. America and Iceland didn't suffer because we spent money on our schools and hospitals.
It was the de-regulation of the banks and financial services that contributed to it. We fully admit we got it wrong, but the tories called for even less regulation and continue to do so. We left the financial sector alone and look what happened.

So I don't see how the tories, who called for even less regulation and promised to match Labour's spending can possibly accuse Labour of wrecking the economy when they voted for these plans in the first place and vowed to match them.
They're basically admitting the tories plans would also have crashed the economy.
You have no idea what you are talking about. Please learn something about the monetary system.

"We" - you are not the Labour party. You're an ordinary person (which is good), not a politician.
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username878267
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(Original post by The_Mighty_Bush)
You have no idea what you are talking about. Please learn something about the monetary system.

"We" - you are not the Labour party. You're an ordinary person (which is good), not a politician.
Really good argument. Well made.
Actually mate, I am Labour party.

Of course it was. Are you seriously saying de-regulation of the private sector, in particular the banking industry had no effect?

Ninja mortgages, lending out 150% of the property price which people had no chance of ever paying back? Lehman brothers?

What are you smoking? What planet are you on?
This was a capitalist crash caused by Thatcherite free market policies of the state leaving the private sector alone and look what happened.
Get off your high horse, you're not as clever or intellectual as you seem to think you are.
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The_Mighty_Bush
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(Original post by Bornblue)
Really good argument. Well made.
Actually mate, I am Labour party.

Of course it was. Are you seriously saying de-regulation of the private sector, in particular the banking industry had no effect?

Ninja mortgages, lending out 150% of the property price which people had no chance of ever paying back? Lehman brothers?

What are you smoking? What planet are you on?
This was a capitalist crash caused by Thatcherite free market policies of the state leaving the private sector alone and look what happened.
Get off your high horse, you're not as clever or intellectual as you seem to think you are.
You are a lost cause.
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username878267
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(Original post by The_Mighty_Bush)
You are a lost cause.
Then stop replying to me. Everything I said there was fact. Are you seriously saying Lehman brothers didn't crash?
And you're hopeless.
You merely go around accusing others of making 'logical fallacies' which you seem obsessed with. Not noticing you just committed one and regularly do, in attacking the person not the argument.
Get off your high horse, you seem to think you're this deep, intellectual mature clever cloggs. In reality, you're as clueless as anyone else.

So go on do answer me, did de-regulation of the banks have nothing to do with the crash?
What are you on?
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MatureStudent36
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(Original post by Bornblue)
I can't stand this myth perpetuated by the Tories and the press that Labour spent too much.
In 2007, Osbourne said he would match Labour spending 'pound for pound' and backed Labour's spending plans.

http://www.telegraph.co.uk/news/ukne...-spending.html

They backed Labour's spending plans.
So please someone tell me why the tories backed their plans then?

The tories supported it all the way and now turn around and say that Labour were wrong, when they would have done exactly the same thing. Yet somehow they'e saying ' I told you so'.
Opposition parties always back the budget.

You'll find that labour backed this budget.

Do you understand now?
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