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  • "
    midas wrote:
    mavrick wrote:
    A Darrener, did labour cause the icelandic bank collapse or the collapse of the housing market in America, or a dozen other finance problems? we all know brown sold his and the countries soul, but the same old clicheas are wearing thin. blame the last lot for all the countries ills. the tories have always tried to rule by fear, hence high unemployment. As for gloryfing Maggie Thatcher I think you need to remove the rose coloured glasses. she almost destroyed this country, ask any manufacturer, she destroyed steel making, and she had to get a yank in to do her dirty work with the miners. she was hell bent on destroying the unions because she knew they would stand up to her and the tories anti working people policies. I for one of many despised everything she stood for. selfish greed. and me first society. As for tories assumed finacial superiority , remember Black Wednesday, I do my pension fund that day and I won't get that back. wherever you look when the tories have been in power, they have had financialcrisis that affected the masses but not the super rich. I wonder why that is? Wake up A Darrener, open your eyes to reality.
    Tell us how, without illegal state subsadies, the steel making industry could have remained cost effective and survived in the form that it was?
    .
    Perhaps you could explain how "Black Wednesday" was the fault of the Tories?
    .
    If anyone needs to open thier eyes to reality its you! 30% turn out in mid term local elections, during a time whem the government is having to impose stringent cuts to public spending in a desperate attempt to reverse the mismanagement of the last years of the Labour government, and Labour think they are "re-engaging". If it wasn't so pathetically predictable it would be almost humourous!
    .
    To answer your question - what Labour didn't do was prepare for any sort of downturn or crisis - record tax receipts but how much was saved? They were happy to spend everything they got and more.
    midas - what worries me is the explosion of PFI projects under labour with new schools and hospitals.
    .
    fair enough it was all started as a drip feed under john major. but it exploded as the way of financing capital projects under brown as his tenure as chancellor....seems to have been railed back a bit now.
    .
    there is a common misconception that all these new schools/hospitals are paid for, but the repayments plus the crippling facilities contracts are going to be a massive headache for years for governments of any political colour.
    .
    a ticking time bomb"
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Election 2012: Gains for Labour in council polls

David Cameron and Nick Clegg have been dealt a stinging rebuke by the public as Labour racked up big gains in local elections.

CLICK HERE FOR LIVE COVERAGE OF ELECTIONS IN EAST LANCS

Key councils such as Thurrock, Harlow, Southampton, Birmingham, Norwich, Great Yarmouth and Chorley fell to Ed Miliband's party. The Prime Minister was also embarrassed by losses in his Oxfordshire constituency - with Labour taking the seats of Witney Central, Witney East and Chipping Norton.

In a further blow, Manchester, Nottingham and Coventry ignored Mr Cameron's pleas and rejected proposals for elected mayors. Birmingham and other cities are expected to follow suit.

The Liberal Democrats were not spared pain, being left without a representative on several powerful councils as voters seemingly punished the Government for austerity measures.

Overall Labour looked on track to exceed the 700 gains experts had set as the threshold for a good performance. A BBC projection of the national vote share gave the party 39% - up three points on a year ago. The Tories were down four on 31% and the Lib Dems trod water on 16%.

However, Mr Miliband did suffer a setback in Bradford, where his party lost seats to Respect. The results followed George Galloway's shock success in last month's parliamentary by-election.

Tories pointed to a low turnout, estimated at little over 30%, suggesting that "apathy" had played a significant part in the results.

But there were also calls for a change in direction from the leadership. Senior backbencher Bernard Jenkin insisted the party had to focus on the economy rather than allowing their Lib Dem coalition partners to dictate the agenda. "The coalition is going to look completely stupid if it follow through on Lords reform," he told the BBC.

Mr Clegg said: "I am really sad that so many colleagues and friends, Liberal Democrat councillors, who have worked so hard, so tirelessly for so many years for communities and families in their local areas have lost their seats and I want to pay tribute to all the great work they have done.

"I am determined that we will continue to play our role in rescuing, repairing and reforming the British economy. It's not an easy job and it can't be done overnight but our duty is to boost jobs and investment and to restore a sense of hope and optimism to our country."

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