Friday 18 March 2011

Miliband fails to learn Labour spending lesson

Telegraph
"Telegraph View: 2011 Budget - Ed Miliband offers nothing but banker-bashing and yet more spending .....Six months after becoming Labour leader and four months after saying that “in terms of policy, we start with a blank page”, Ed Miliband has finally started to fill the void. His joint press conference yesterday with Ed Balls, the shadow chancellor, was billed as a pre-Budget economic policy statement. It was nothing of the sort. About the crippling deficit Labour left behind, there was barely a word. Instead, we were treated to another round of banker-bashing populism combined with a promise to spend large amounts of money. Has Labour learnt nothing from its decade-long spending spree that left the country in penury?

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