billy_bob
Air of bewilderment model's own
One of the things that really frustrate me, that. Now I don't necessarily think this is a good thing (there is a time for govt to borrow and borrow hard), but I would guess that it is a thing that most people won't know – Labour govts borrow less than tory ones.
I agree. But it's another of those areas where sadly Labour hasn't been as good as the other side at defining the narrative and the parameters of what's talked about. The 'no return to boom and bust' thing worked for a brief period, until the next bust remarkably enough. But for at least 30 years they've generally been happy for 'look we can do economics good too just like the big boys in the Tory party' to be their response, rather than undermining the bullshit idea that the Tories are better at it in the first place.