Another Tory lie

The Tories keep saying that when Labour leave office they always leave the economy in a worse state. See article below from Yorkshire Post, published on the retirement of Denis Healey.

"As Chancellor, in 1974 he inherited an even worse picture. Oil prices had quintupled overnight (before Britain had any of her own). The world economy was in turmoil, Britain was on a three-day week and on the edge of hyper-inflation. All of these problems had to be faced by a minority Labour Government, in the face of a Labour Party haunted by memories of past "betrayal" and congenitally opposed to spending cuts imposed by foreign bankers. (Denis Healey envies Gordon Brown for his inheritance of a benign economy and a docile party). As Chancellor, he faced down five years of uninterrupted economic and political crisis. For good or ill, he made more policy decisions and introduced more economic measures and packages than any previous Chancellor. At the end of his term, the British economy was intact and out of debt, inflation contained, unemployment falling each month (without the aid of statistical manipulations) and living standards improving, especially for poor and disabled people."

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Newton Abbot Labour Party posted about Another Tory lie on Newton Abbot Labour Party's Facebook page 2014-12-05 15:40:48 +0000
Another Tory lie
published this page in Blog 2014-12-05 15:23:40 +0000

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