Labour leader Ed Miliband’s whining about a “cost of living crisis” is a new low point in politics, even for the dreadfully mendacious Labour Party, as his party bears just as much responsibility for the economic disaster befalling Britain.In one of the most shocking displays of hypocrisy seen in Britain for decades, Mr Miliband said that millions of ordinary families face a cost of living crisis as a result of Tory/Lib Dem spending cuts, rises in value added tax and fuel prices and “wage stagnation.”
The reality is that the British economy is in crisis because of Labour Party spending over the past decade.
This reckless and negligent spending includes two illegal wars, the bailout of the banks, ever increasing foreign aid and European Union membership payments, amongst many others.
Mr Miliband’s almost pathological lying is exposed when it is considered that when Labour was in power, budget cuts were also announced by the then chancellor Alistair Darling.
In the 2009 budget, for example, Mr Darling said that public spending growth to be cut from 1.1 percent in 2010 to 0.7 percent from 2011-2012.
As a result, although the Tory/Lib-Dem coalition were the ones to announce extensive budget cuts in 2010, the basis for all these reductions had already been laid by the previous Labour Party regime.
For example, the illegal war in Iraq, started by Tony Blair and supported by the Tories, ran up a direct bill of at least £1 billion every year from 2003 to 2009.
When combined with the cost of the war in Afghanistan, British taxpayers have been presented with an astonishing £20.34 billion bill for these two conflicts alone.
The £20.34 billion total does not include the salaries of soldiers or paying for their long-term injuries and mental health care. It is also on top of the £35 billion annual defence budget.
The bank bailout cost British taxpayers at least £131 billion, and added significantly to the national debt and the economic crisis facing Britain.
The cost of Britain’s membership of the European Union has rocketed by more than 60 percent over the past decade and now costs at least £6.4 billion in direct costs and many millions more in regulatory and other costs.
The foreign aid budget has also increased dramatically over the last ten years, and averages out at around £7 billion per year (the latest increase included).
This means that the British taxpayers have been presented with a £70 billion bill for foreign aid alone over the last decade, a figure which is only set to increase further.
In other words, the Labour Party presided over an outlay in these four policy areas alone of around £230 billion.
While there is no doubt that the Tories and Lib Dems would have acted in exactly the same manner had they been in power, it is hypocrisy in the extreme for Mr Miliband to attack the other two Tweedledee Tweedledum parties for policies which his own party carried out.
Labour is just as much, maybe even more, to blame for the “cost of living crisis” and no amount of pathetic bleating by Mr Miliband can disguise this fact.
You May Have Forgotten Ed .... The People Of Barnsley Have Not !
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