Thursday, 25 March 2010

Labour's Legacy

I think the following figures deserve a far larger audience than I can give them, and I hope serious commentators will make sure that everyone realises what has been done to this country in the last 13 years.

When Gordon Brown arrived at the Treasury in 1997 he inherited a deficit of £6 billion.   It is now £67 billion.

The UK was the seventh most competitive economy in the world.   It is now 13th.

It was the fourth most competitively taxed:  it is now the 84th

It was the fourth most lightly regulated:  it is now the 86th.

The scale of Labour's failure is scarcely imaginable.   We cannot go on like this - but we will, if Labour are re-elected, and we shall truly end up a bankrupt, third world country.

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