Quote Originally Posted by Vindec View Post
Eh! The Tories didn't gain power until 2 years after the 2008 crisis; austerity came much later. I agree that was a very poor policy. We should have been expanding the economy and not reducing it. The argument that there was no money was clearly incorrect as £405bn was found to pay for COVID.
I know this. My point was when the Tories formed a coalition with the Lib Dems in 2010 the conservative narrative that Labour f*cked the economy and there was no money was created as means of justifying the austerity ideology and Labour were too weak and apologetic instead of fighting that narrative. Had they done so effectively, we still wouldn't have this nonsense that they were totally responsible for 2008 still peddled even today in this thread. So, we're actually in agreement, I think, though I can never really tell on CCMB.