Labours' Cuts

It makes me chuckle to read the musings of various Labour politicians regarding the comprehensive spending review that George Osborne will announce this Wednesday.

You would think to read the utter tripe coming forward, that the Labour Party had absolutely nothing to do with the current financial situation the country finds its self in, and whilst it may be argued that the full scale of the problem is not entirely the fault of the last Labour Government, they certainly made the situation much worse than it needed to be and furthermore did nothing to prevent the meltdown happening.

It was Gordon Brown as chancellor who sold off our gold reserves at the bottom of the market, costing 3 times more that Black Wednesday ever did, it was Gordon Brown as chancellor who removed pretty much all of the controls over the banks allowing them to gamble with our money, it was Gordon Brown as chancellor who indulged in a spending splurge of such proportions that the country was spending more than it was earning in tax even at the height of the boom, and it was Gordon Brown who after stating the he and he alone had ended "boom and bust" then presided over the biggest boom in recent history followed by the biggest bust in peacetime for 500 years.

So when I hear Labour politicians, Chris Inchley among them, spouting about the inevitable public spending cuts to come, and how they will hurt everyone, and how unfair it all is, I will just remind them that the current situation is largely their fault, as the last Labour Government did what all Labour Governments have always done and that is they spent all the money, (ask Liam Byrne), they screwed up the economy for a generation, then left it to others to pick up the pieces and put the country back on track.

They should all be thoroughly ashamed.