Ah the old, pretend we weren't really in recession the entire time, I think I already said what the tories did, they have put us in a better position for a recession that was 100% always going to happen due to the handling of the economy in the past 15 years, and specifically for how we "got out" of the last recession.
We FAKED our way out of the last recession, and by we I mean Labour, by borrowing more money and putting us in bigger debt, and increasing the burden of unrequired public service jobs that we could never at any stage afford.
Why haven't tories been able to do much to magically turn around 40 years of horrific economy planning in the UK? Do you really not know, a strong economy needs business, manufacturing, private sector making profit in this country, labour(and past tory governments) have destroyed this countries industry and left us with literally millions to many jobs in the public sector. Labour pushed up benefits and unemployment, and pushed forwards with many incredibly expensive plans to hide unemployement(like pushing as much of the population as possible into 4 years of extra education).
How much more would have been done by now if at every single cut that was absolutely needed to LESSEN OUR DEBT BURDENS, Labour hadn't pretending it wasn't happening. Labour put their heads in the sand, have no care for the economy or the future, they just want to be the "good guys" who wouldn't make cuts, they are campaigning to get in power, nothing more or less. If they cared for the economy they would have backed EVERY cut, made it much easier to slash the deficit by another 40-50billion.
This is where people just don't seem to get it, our economy is built on nothing, it was propped up by borrowing that is completely and utterly unsustainable, a "real" recession has ALWAYS been coming, the question was when and how bad. Labour's plan of keep borrowing more and more to keep buying our way out of one both, made the incomming recession worse, bigger, longer and their current plan is to... keep doing the same.
We've got Abu Dhabi, fully aware that their economy will collapse on the end of their oil supplies who for a decade or two have been investing all their profits into alternative worldwide industries that now have a massive and quickly growing turnover? When they saw one industry ready to disappear, they spent billions WHEN THEY HAD IT, on a NEW INDUSTRY. WHen Labour saw industry disappearing, they hid the unemployment by creating jobs we didn't need, that were paid too much, that unions have MASSIVE power over, and utterly screwed us. When you're making money in a healthy economy you PAY OFF DEBT so when the economy is going badly you AREN'T IN DEBT. What Labour did was when the economy was healthy they INCREASED DEBT MASSIVELY but spending money they never had, on the idea that economys will never ever get worse, they have always done the exact opposite of what we should have been doing. We should have paid off all debt, and then spent money we had on growing new industry, this would have put us in a hugely strong position for future world economic issues. Instead we let industry shrink, we increased public spending massively beyond our means, we got in heavy debt, we got a massive deficit, we got a massive public sector jobs increase, we got massive public sector wage/pension burden that we couldn't afford with our economy at its strongest, let alone now.
Everything Labour has done for the past decade has utterly boned us, completely, and their current plan is to continue making it worse.
), Norway, Switzerland, Montenegro, Macedonia, Turkey, US..
