Friday, Jul 25, 2008
The unavoidable conclusion: it was the debt what dunnit
Daily telegraph: Labour has only itself to blame if the unions hold it, and us, hostage
A very hard hitting and honest article that people know is true. We've had a party, now we've got a hangover. No getting away with it.
Posted by growler @ 09:27 AM (345 views) Add Comment
6 Comments
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1. Whostolemyendowment said...
From the immortal words of Bush junior...."It got drunk and now it's got a hangover. The question is, how long will it sober up and not try to do all these fancy financial instruments?"
2. Fjcruiser said...
brilliant...
3. Nickolarge said...
The unions don't have enough clout now to hold anyone to hostage and union power always declines in a recession.
As far as debt masking economic failure goes, nothing has changed. The Tories masked failure by selling the family silver and wasting the oil revenue funding mass unemployment. It was the Tory system of causing high long term unemployment that created the army of black economy spongers/fiddlers/incapacity claimants that we all have to fund to this day.
4. uncle tom said...
"The unions don't have enough clout now to hold anyone to hostage and union power always declines in a recession."
Absolutely wrong.
Historically, the unions have caused most trouble when the economy has been struggling, because employers have been unable to buy themselves out of trouble. They now make up 90% of Labour's funding, so GB & Co. are completely over a barrel.
Look out for contrived ways to give the public sector employees more money without calling it a pay rise..
5. waitingfor hpc said...
Nickolarge - you are surely living in a different country to me - I have been an employer for 30 years and the Tories did things wrong but were not EVEN CLOSE to this bunch of loosers.
6. it_is_going_with_a_bang said...
It's easy to blame the Tory's for things - but seriously - did New Labour really overturn many of their policies?
Nope.
Labour look unable to stand up for common sense. They have been more Tory about housing than any Tory party i've ever known.