Spectator blog illustrates Labour fiscal responsibility

29th March, 2011

 

The Indie journalist, blogger and tweeter Johann Hari posted an article today about Tory scare-mongering on the UK’s deficit.  (You can see it here.)

 

Hari calls the scaremongering the biggest lie in British politics.

 

Peter Hoskin, writing in The Spectator’s online “coffeehouse” has issued a swift rebuffal.  (You can see it here.)

 

One of Hoskin’s points is that the deficit (if not the debt) is the highest on record.  He produces a chart based on Treasury figures to prove his point.  (You can see it below.)

 

You may be surprised to know that I really like this chart.

 

Look at the ten Labour years before the crash in 2008.

 

See “Brown’s waste” there?  See Labour profligacy there?  See a decade of irresponsible spending there?

 

Me neither.

 

 
 
 

 

 
 

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