The coalition is over two years old, fast approaching the half way stage. Just for fun I thought I would put together a series of interactive blogs to see who can remember what Labour were saying back in 2010. Today we start on the economy.
Simply read the 3 texts below and identify which one was in the Labour party manifesto. Simply click on the ‘read more’ to reveal the truth.
A) We will be rapidly reduce the deficit, increase National Insurance, save £1bn by capping public sector pay and make significant savings through tough reforms to public sector pensions. We will not increase the top rate of income tax.
B) These are tough fiscal times and it would be wrong to pass the failings of the financial sector on the British Public. That’s why we will continue to invest in our schools and hospitals and fund this by closing loop holes in the tax system and introducing new rules and governance to our banking industry to secure monetary stability.
C) We do not recognise the financial constraints faced by the next government. Whilst Britain has significant and spiralling debts, our researchers were watching Cartoon Network the other day with Ed Balls and saw an advert for a loan company. They reckon you can consolidate your debts into one easy monthly repayment and could have enough spare to build a runway at Heathrow and cut VAT, so we’ll be ringing that number as soon as we're back in power.
The answer is
A. These statement were all mentioned in Labour's manifesto.
B. All sounds rather nice, but no party offered this package, though Lib Dems were big on closing those loop holes and new rules for the banking industry and are delivering both in government.
C. I completely made this up although you’d be forgiven for thinking this was Labour’s current policy!