Quote:
Originally Posted by Paul Markham
It has a lot to do with health care and education. For years the Labour party spent money they had to borrow. Then when the banks failed the debt became unmanageable. Bailing out the banks did not help though.
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it was the unforseen billions in the bank bailout and the dip in tax reciepts brought on by the recession that raised taxes, the nhs and education are budgeted for its got nothing to do with them.