All the stuff on public spending is interesting and without a doubt, I don't think Labour were behaving completely recklessly, especially after seeing some of those stats and reading a few of those articles, I was perhaps a little off in my estimations.
But Labour were in charge of the country before the recession and they did not make any adequate precautions to protect jobs and livelihoods. Even though I was very young at the time, I remember Vince Cable predicting how the recession was inevitable and we had to start taking measures to lessen its impact. The Conservatives didn't listen, they wanted to continue Labour's spending plan, that much is true - but at the end of the day, it wasn't the Conservatives who were in government, it was Labour, and they didn't listen either.
Can we not allow ourselves loans from providers? The terms on which to pay Marshall Aid back weren't exactly favourable. It was a loan as much as any other loan that the government borrows now, just a larger sum. Furthermore, I reiterate my point about not having billions of dollars; we could do if we look into the taxation levels that were in place in 1945. Time and time again they have proved to be better for raising money than austerity.
I too favour much higher taxation for the wealthy and the multinationals. But not at the cost of them upping sticks and leaving people out of work. Like it or not, the big boys are important to our economy. If they cross the channel to European tax havens and take their employment opportunities with them, it leaves us in a stark place. That's why I feel we have to tread carefully with this next election. The Conservatives are jammy and elitists but keeping the multinationals here and contributing (yes, not enough, but at least a little through taxation and employment) is vital. It's not a nice situation, but I fear the situation would be a lot uglier if they left altogether.
We still do live in a social democracy, because we still do have a welfare state and an NHS etc etc.
Yeah, sorry, I wasn't too clear; I was referring to how the railways have gone, Royal Mail has gone etc. and meant we need to push our social democracy back to where it was and beyond rather than 'reintroduce' it.
Good to hear you're choosing a good degree. Where are you off to?
Thanks, I'm doing History/Politics joint honours at York, if I meet the requirements! Just Politics & IR if not, but still at York. Where are you at?