Labour’s fiscal stimulus helped make sure that recession didn’t turn into depression and that stimulus meant that people did not lose savings in their bank accounts, or mortgages didn’t collapse along with the banks, which would’ve led to people losing their homes. Yes, Labour did borrow to help us recover from the crisis and that [...]
September 22, 2010
Categories: Economy . Tags: 1980s, bank, bankers, Banking crisis, Brent Council. Full Council, Cllr Paul Lorber, Coalition Government, deficit, depression, economy, fiscal stimulus, IFS, Institute for Fiscal Studies, Labour, Left Foot Forward, Lib Dem / Tory coalition, Liberal Democrat, london borough of brent, Margaret Thatcher, Nick Clegg, Parties, Politics, Recession, Thatcher, Tory . Author: Cllr Krupesh Hirani . Comments: 2 Comments