Topic: | Re:Re:Conned by the Tories | |
Posted by: | Luke Smith | |
Date/Time: | 21/01/05 09:48:00 |
"the Conservatives over a period of 18 years consistently reduced taxes" That's not all they did: The worst two recessions since the war. In 1990, interest rates hit 15%. Between 1990 and 1993, 250,000 properties were repossessed and 1.5 million homeowners suffered negative equity. In 1993 unemployment reached 3 million. Between 1992 and 1996, around 1,000 businesses went bust every week. When the Tories left office, one in five families had no-one in work and one in three children were growing up in poverty. |