How times have changed

Since the coalition came to power in 2009 the phrase “we inherited a mess” has being the prelude to almost every statement they have made with regards to the economy. It relates to Labour’s high levels of public expenditure. I try and think of when the Conservatives were in opposition and how much they said at the time to try and curb Labour’s spending. They did not. Moreover, they must accept some blame for allowing such heavy fiscal consumption and doing next to nothing to stop it. Chancellor of the Exchequer George Osborne is to deliver his budget tomorrow, I predict more of the same in terms of deficit reduction, with minor tweaks to try and boost the economy that has been sluggish for well over five years now.

http://news.bbc.co.uk/1/hi/uk_politics/6975536.stm

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