We had 14 years of Labour that ruined the economy of the UK  but memories are so short that mostly the same Labour shadow cabinet that almost bankrupted the UK economy is now seen as capable of making everything OK again.

Why?? It doesn’t make any sense! The last Conservative government before Blair and the ruinous 14 years of Labour, worked wonders with the UK economy.

Blair came into power with the ‘Golden Inheritance’ from the Conservatives and kept the same economic policies as the Conservatives had for nearly 5 years.

Why? Because they worked!! Then their socialist instincts took over and they started their ruinous spending spree and when they ran out of cash they started to borrow.

That is why the UK economy is in the appalling state that it is!

The Conservatives are getting attacked because they have the task of cleaning up Labour’s mess. People may not like some of the actions that they have taken but that is no reason to go back to having Labour in power. We know that they will fail. We know that they will sign us up into the Euro.

The UK has a fair chance of ending up in a serious recession just because of the appalling way in which Labour ran our economy for many years. To bring Labour back into power would, in my view, guarantee the UK going into recession.

We might not be well off as a country now but if we end up with an economy being controlled by the IMF then people really will suffer. Just look at what Greece and Ireland are going through!!!

It is a fallacy to believe that ‘soaking the rich’ would make any real difference at all. Again a consequence of 14 years of a Labour government, the rich are able to move money abroad, be paid abroad and manipulate their finances to legally minimize tax.

These financial dealings that benefit the rich have gone too far! People do object strongly to what is simply legal tax avoidance. It is not right that the rich can benefit in this way. There have always been ways for companies and the rich to minimize tax. But this ‘legal’ tax avoidance has gone too far. But, again, the huge increase in people avoiding tax legally, is a consequence of the 14 years of Labour in power!

It didn’t become a problem just because the Conservatives became the government!

I would like to see all the cabinet and the shadow cabinet come clean about any tax avoidance schemes that they are using to minimize their tax payments to the UK.

I would like to see the Trade Union bosses doing the same. After all they ‘own’ the Labour government and have given themselves massive pay rises recently and various benefits. They strongly influence UK politics and it would be interesting to see how much of their members donations are spent on perks and  politics.

Last week they couldn’t even hold one of their strongest constituencies!

The polls might show that Labour is ahead but it is because the Coalition government has to make really difficult economic decisions as a result of the total mess that Labour made of the UK economy in their 14 years of power.

In 2015 we will still be paying back the debts dumped on us by Labour in power. No one will trust Labour and anything they say about economic policies.

The financial pain caused by Labour’s inept policies will still be hurting the voters.

Perhaps dumping every Labour minister who held power in the last government would be a prudent move to make now if Labour want to try to get back into power!

Of course we should by then have broken the links between the Labour party and the Trade Unions. That could give Labour a big funding problem as so much of their money came from the Trade Unions.

We see Greece and all its woes and we were so,  so close to that because of the inept (in my view) management of the UK economy by New Labour, Blair and Brown.

The next four or five elections will all take place with the UK in serious debt and unable to spend money on many infrastructure  projects, benefits, pensions, housing etc that we should have because a huge amount of our money will still be going on clearing Labour’s debts.

The debt figures are massive. We still have to pay for many of the new hospitals, schools etc that Labour built on borrowed money. Other projects that Labour undertook need vast amounts of public money to clear the debts. Many of these debts were excluded from the UK debt figures so people would not realise how bad the UK economy actually was!!

It looked good at the time but these debts need to be paid back! And the debts and the interest on the debts are paid back by the taxes we pay!

The slogan ‘there is no money’ will haunt Labour at election times and, hopefully, keep them out of power for a long time. And if people don’t like this forecast just think of what Greece is going through. We were so, so close to going the same way!

It is clear from events over the last 40 years that Labour stands for one thing only. That is the desire/need to spend all the UK’s money and to tax us all significantly more simply because Labour needs to keep spending!

This urge to SPEND is at the heart of Labour. Just look at history!

Either the IMF come in to fix the economy following a Labour government OR the Conservatives have to sort out the UK economy which a subsequent Labour government simply bankrupts again!

People might not mind this inbuilt desire for Labour to bankrupt us every time they are in power IF we got some long term benefits from it. But we don’t!!

In fact we are nearly always left far worse off financially following a Labour government!

Note to Ed Milliband:  The problem that you have is that Labour almost bankrupted the UK last time in power and it will be difficult to exceed this achievement when you next get into power.

But I am sure that the next Labour government will find a way!!!

Instead he talks as though knows what the current government should be doing!

I know what his record as Chancellor was. Spending money that the UK did not have! Borrowing more and more money to keep going!

They blamed the ‘global’ recession and ignored the fact that the UK suffered badly from the recession because Labour changed the way that the financial industry was regulated. The controls that would have prevented so much damage to the UK economy were no longer in place!

But my main criticism of the Brown/Darling Labour government is that they just kept borrowing money to keep the economy going.

It was clearly more important to them that they stayed in power even if it meant that the people of the UK were saddled with debts for the next twenty years!

They kept themselves in power at the expense of us all.

Subsequently I  am not interested in the opinions of Darling, Brown or any of the Labour ministers on what the Conservatives and Lib Dems  are doing!

In fact it would concern me if Brown or Darling agreed with the way the ConLib coalition were working to fix the UK economy from the consequences of 13 years of New Labour government!

These dinosaurs of economic thinking do not seem to understand that the UK simply does not have the money to spend on these high levels of public sector jobs and services.

All public sector jobs are paid for through the taxes of everyone in the UK.

Both Darling and ‘call me prudent Brown’ simply borrowed the money to pay for their public sector improvements.  Anyone who thinks that this practice could go on and on is not being sensible!

How Labour thought that they could get away with it is staggering! It was always going to end in a financial crash and/or the IMF coming in to run the economy (as has happened before with Labour in power!)

Labour, new or otherwise, have shown themselves to be unfit for government, especially whilst they have ministers from the Brown government in the Labour party!

There are even Labour supporters still saying that we must maintain the same level of spending on public services!!

These dinosaurs of economic thinking do not seem to understand that the UK simply does not have the money any more to spend on these high levels of public sector jobs and services.

All public sector jobs are paid for through the taxes of everyone in the UK. Both Darling and ‘call me prudent Brown’ simply borrowed the money to pay for their public sector improvements.

Anyone who thinks that this practice could go on and on is not being sensible! How Labour thought that they could get away with it is staggering!

It was always going to end in a financial crash and/or the IMF coming in to run the economy (as has happened before with Labour in power!)

Labour, new or otherwise, have shown themselves to be unfit for government, especially whilst they have ministers from the Brown government in the Labour party!

Can anybody really now doubt that Gordon Brown has been the worst Prime Minister that the UK has had in modern times? Yet Gordon Brown has a reputation for ‘economic prudence’ and competence as the chancellor and then the unelected Prime Minister.

How did he manage to fool so many people for so long? The awful financial state of the UK economy did not happen overnight or suddenly occur in the last few months!

During the election campaign New Labour and Brown campaigned on the basis of Brown’s prudence and reputation in managing the economy!!!

Nearly all of us are going to go through difficult times with our finances and with cuts in services because of the lousy New Labour government that we have had for the last 14 years!

The new government have now had a chance to look at the UK accounts. We are getting hints as to what they are finding!

Cameron said on Sunday that that an audit of the government’s books had already found some “crazy” spending decisions!

Unfortunately these hints all point to a very bad time for the people of the UK.

A BBC report includes the following quotes:

Mr Osborne said Labour’s economic forecasts had mostly been wrong and “almost always in the wrong direction“.

Liberal Democrat David Laws, the Chief Secretary to the Treasury, said the task ahead was “colossal” and that Labour had left the public finances in an “unacceptable” state.

Mr Laws said his predecessor, Liam Byrne, had left him a letter saying simply: “ Dear chief secretary, There’s no money left. “

So what can we make of this? Our level of borrowing is massive. Huge amounts of debt is not even counted as UK debt, because it has been included in the PFI debt levels. This includes the money borrowed to pay for the schools and hospitals. Other debts, also not included in the national debt, include the modernising of the UK trains.

Can the UK afford to repay all this debt when the UK is in such a financial mess? If not we could go the way of Greece!

Yet some of these same New Labour MPs are vying for the leadership of the Labour party!

It means that the two parties need to make some compromises of their policies to avoid friction. But that happens anyway within a single government!!

The Conservatives have a left and a right wing which have to work together.

New Labour have Blairites and Brownites who have to work together!

So the idea of rifts and splits with the government is no more than happens in every government!

But I also see this as an equivalent to the war-time coalition government of 1945. We have serious financial problems with the UK close to bankruptcy and the risk of the IMF coming in to run the UK.