Just watched the coverage of today’s budget. Colossal £175bn national debt that will take at least a decade to clear. Taxes and unemployment spiralling ever upwards. Bad, bad news. The good times are very definitely over.
It’s Labour’s black wednesday. In fact, it’s the end of New Labour. Crashing out of the ERM finally finished the Tories, their reputation for economic management in shreds. Similarly, the current recession, and Labour’s response to it, has sealed their electoral fate. They simply can’t win the next election now. They are too compromised on the economy.
So yeah... 