Originally Posted by Baz:
I don't usually join in political debates on the forum , but this morning I'm feeling stroppy, so....
Just an observation, but the Labour Party was /is hardly made up of the * flat cap* brigade any more! It always makes me smile when it's only the Tories who are deemed * privileged. * And why anyone think they would do a better job at getting us out of this mess, when in large part they got us into it, is beyond me
The Tories aren't 'deemed' privileged, they are privileged!
Labour followed the consensus economic advice of the time that we needed to deregulate our financial services to protect London's status as a #1 trading centre. It is to be wilfully stupid to think the Tories, full of bankers and banking interests would have gone against the overwhelming opinion of the time and regulated our banks to make them uncompetitive. The Daily Mail, Murdoch and Telegraph would have gone mental that their own party was 'driving away wealth creators' and 'More socialist than the socialists'? I don't think so!
The basis of Blairism was that rather than be the enemies of market capitalism, Labour were in fact ok with Thatcherism, and they could do Thatcherism better than the Tories. They would use the revenue generated by a liberalised market to give, at least, some back to the poor, rather than give the whole lot away in tax breaks and freebies to the better of.
The Tories must wake up every day thanking fate that they didn't win the election in 2005 and the credit crunch didn't happen when they were in gov't. Had they done so, they would be finished as a party. Labour can point to 10 years of growth and goodwill before the crash, the Tories would have had 2 years of gov't to show for themselves.
Labour certainly isn't the party of the flat cap any more, if it is ever was!