Re: why do we accept it?
Anyone who lived through the 1970s and 1990s knows from personal experience how economically catastrophic a Labour government will always be.
Well, they certainly know how much blame Labour got for Tory policies that caused the economy to suffer. When Labour got back in, at the end of the '90s, the economy picked back up after 18 years of Tory mismanagement. Remind me again, whose watch was "Black Monday" on?
Now, of course, I'm not going to claim that Labour's economic policies have always been right (Gordon Brown selling off the gold reserves when the price of gold was low springs to mind), but it is pure bullshit to try to play the "Tories are good with the economy" card. You only have to look up any graph of GDP vs national debt to see that debt goes up during Tory administrations, and, on the whole, the only sustained periods of debt reduction in our lifetimes have been under Labour. Thatcher managed to get an economic bounce by "selling off the family silver," and getting big returns from privatising everything she could (plus a handy windfall from North Sea oil and gas revenues). The problem is that now, we don't have those things to privatise any more, and in many cases, we are stuck paying more for them, because, as private entities, they cost the same to produce, but profit is extracted. Mortgaging your children's futures isn't exactly economically competent, or forward thinking
Biting the hand that feeds IT
