pErvinalia wrote: ↑
Fri Feb 01, 2019 10:58 pm
Rum wrote: ↑
Fri Feb 01, 2019 7:57 pm
Svartalf wrote: ↑
Fri Feb 01, 2019 7:10 pm
well, it didn't start with the referendum, I fear it started when blair arrived at Downing Street, and only worsened when the tories replaced the right wing 'labourites".
Blair is and always will be tainted by Iraq, and quite rightly, but NewLabour did find a way to stimulate the economy, encourage business and therefore increase the tax take and then to direct it at social/public issues.
Do you have link regarding increased tax intake?
What did private and public debt do during his time? What did inequality do during this time?
Well I'm not going to dig around too much when you can perfectly well do so if you are interested. My comments were based on personal experience being at the coal face at the time. However, a quick google gets you this, for example:
https://www.economicshelp.org/blog/5509 ... er-labour/
...and a quote from the page: '
"During the period 1997-2007, the UK economy was growing strongly (at an average of around 2.5%), this rise in tax revenues allowed the government to spend more on public services, such as health and education. However, towards the end of 2000-07 government spending increased at a slightly faster rate than GDP growth.
The biggest beneficiary of the government’s higher spending was health care. Health care spending almost doubled in real terms between 1999 and 2010."
I would add that education saw big increases too. I appointed 42 new members of staff for a project with 1 million the government gave the county because they liked the look of a project I proposed. Heady days!