17 May 2010

Power corrupts

I can't shake the feeling that the LibDem party have sold their principles for a sniff of power? I suspect a sniff is all they will get. Maybe it's time to dust off the old 'Whig' nickname?

Recently a number of commentators have been going on about how the last Labour government have left the country £3bn in debt (actually it's more that bailing out the banks has left us in debt). Yesterday 'Blighty' ran "Andrew Marr's History of Modern Britain" back to back, carting the 60 years from the end of World War Two to the early 21st Century. Something that became obvious seeing the episodes back to back like that is there there's a pattern. Each Tory government builds up a massive debt, coupled to a damaged industrial base, that the succeeding Labour government has to repay and rebuild. The Macmillan government left the country the equivalent of £11tn in debt for the Wilson government to repay.

No comments: