This is wild speculation, and voting for the 'devil you better know' is plain stupid.
On the other hand, I doubt they'd have been so reckless with letting public spending grow into a vast structural defecit in the good years.
Exactly, so we'd be in a better position to deal with the crisis.
The only thickies are the ones who think we'd be in a significantly better situation to where we are now if we'd had a Conservative government for the last decade.
No, the thickies are people who think Gordon Brown didn't help cause the crisis, or that he didn't hugely weaken our position to deal with it.
The chances are we would have been in a better position to deal with it if another party (Lib Dem OR Conservative) were in power - they are anti-big state, wouldn't have borrowed excessively to fuel billions of waste and plunder, or had to sell off gold to fuel said binge. They would have most likely worked down the deficit over the good times, like almost all our counterparts did.
They'd certainly have prided themselves on lack of bank regulation that Brown is being tortured over.
They'd have prided themselves in not introducing a tri-party system which meant no one knew what they job was, resources and expertise were spread thinly and no one could get a proper look in.
'Leave it to the market' is kind of a corner-stone of the right-wing.
Indeed, hence why it is a Labour policy.
Indeed they may have left the banks to die and let it 'sort itself out'. The last time that was attempted was back in 1930 in the US.
Like Labour did with Lehmans? Barclays were more than willing and more than fit enough to take over Lehamans without collapse, but weren't allowed to consult the major shareholders for an extraordinary approval on the weekend. Lehman's collapse specifically caused the biggest tidal wave of the crisis.