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It stuns me that the Tories have managed to convince so many people that the debt is all down to Labour and not the reckless profligacy of the banks. The vast m
by gazrogers 14y ago
It stuns me that the Tories have managed to convince so many people that the debt is all down to Labour and not the reckless profligacy of the banks.
The vast majority of the debt was run up ensuring that the entire banking system in the UK didn't collapse taking the saving of hard-working British people with it. Virtually nothing has been done by the Tory-LibDem coallition to prevent this from happening again.
- tlocke 14y agoThe government bailed the banks out using taxpayer's money, which added to our national debt. It happened to be a Labour government, but the Tories would have done the same. The banks should have been allowed to fail, just like any other business.