Labour plans would bankrupt the economy again

Labour, like the Bourbons, have forgotten nothing and learned nothing.

The last Labour government let spending get out of control with the result that the national debt doubled to £1.2 trillion. When they left office they were spending £4 for every £3 raised in taxes and the country was spending more to just to pay the interest on the national debt than on schools.

Have they learned anything from this? Apparently not.

 Treasury analysis of Ed Balls’ policies shows that Labour would borrow £166 billion more in the next parliament

So having spent, borrowed and taxed our country into a mess, Ed Miliband and Ed Balls are proposing yet more spending, yet more borrowing and yet more taxes.
It would be funny if there were no possibilty whatever that these people, who wrecked the economy when they were last in office, might be back in government again in eighteen months.
 
Let us hope the British people have the sense to deliver something closer to the result the Labour party so richly deserve, which would be an election result in which almost every Labour candidate lost his or her deposit.
 
It’s the same old Labour. They have no long-term economic plan. And that would mean a less secure future for our country and for hardworking people and their families.
Our long-term economic plan is building a stronger, more competitive economy that will secure a better future for Britain and a more financially secure future for hardworking people, their children and grandchildren by:
 
 
  1. Reducing the deficit so we deal with our debts, safeguard our economy for the long term and keep mortgage rates low.
  1. Cutting income taxes and freezing fuel duty to help hardworking people be more financially secure.
  1. Creating more jobs by backing small business and enterprise with better infrastructure and lower jobs taxes.
  1. Capping welfare and reducing immigration so our economy delivers for people who want to work hard and play by the rules.
  1. Delivering the best schools and skills for young people so the next generation can succeed in the global race.
 

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