Having lived through a Conservative created recession I remember how hard it

Comment on Labour MP Gordon Brown Discussion by David.

Having lived through a Conservative created recession I remember how hard it was for poor people (like my family, single mother, council estate….) with the Tory slash and burn policies on public spending last recession.

I don’t know if what Labour did/doing was the absolute best way to deal with the credit crunch/recession, but I’m reasonably confident it’s better than what we’d have got under David Cameron. If we had cut public services that would have meant even more unemployed, more businesses going under etc… so short term we’d have been much worse off. Long term I don’t know, would it be better to suffer now (cut public spending so less debt) and slowly grow the economy back (would have been a much deeper recession) or go in to massive debt and spread the suffering over a longer period of time and possibly hurt less people?

From my perspective as a business owner I have to state the credit crunch/recession has not hurt myself or my family in any obvious way, we lost some clients, but also made money in other ways (so what was lost on clients was made up in other areas). Probably lost some money on the house we bought at the peak of house prices, but as we don’t have to sell that will recover long term. So either way we’d be alright, but I think I’d rather pay more taxes etc… long term so my neighbors can keep their jobs until things pickup than hurt more people now.

David