Mr Milliband says no return to tax and spend era.

[gpo746]

"Ed Miliband is to promise there will be no return to the tax and spend policies of past Labour governments.

The Labour leader is to tell activists at the party's national policy forum that higher spending would not solve the UK's economic problems.

But he will say a Labour government would be more radical than in the past - freezing energy prices, improving the minimum wage and building more homes. "

http://www.bbc.co.uk/news/uk-politics-28381699

I am getting Deja Vu here ? I'm pretty certain something similar was aid around 1995 and 96 ?

[alock]

Gordon Brown's end of boom and bust lead to the biggest boom and bust in living memory.

We should be very very worried at these comments.

[AlexHat]

Yet his deputy wants to raise taxes for the 'squeezed middle'?

[Stevanos]

Just best to ignore the snivelling little insect, nothing Labour say can be trusted.

[Crafty_]

And in the next breath will castigate the Tories for the cuts they have made and their management of the economy (that has, on the whole been reasonably good imho).

One or the other Mr Miliband.

[MarshPhantom]

Stevanos said:

Just best to ignore the snivelling little insect, nothing Labour say can be trusted.

Yay. Vote Paedo!

[jazzybee]

to be honest - it was not so much tax and spend last time, it was BORROW and spend...

[eccles]

Stevanos said:

Just best to ignore the snivelling little insect, nothing Labour say can be trusted.

That would imply you'd trust something a politician from another party might say.....Blimey!

[gpo746]

The point is that its just so much like last time I am sure it was an announcement at some policy thing.
I clearly remember that and I also remember the "education education education" thing
That was their big theme I seem to recall
Don't think they have a big theme this time round.

[Axionknight]

Borrow and spend, not tax and spend.

[anonymous-user]

It is like a heroin addict being charge of the heroin, millipede will never manage to keep that promise. He might stand a very small chance if he gets rid of balls as his solution was to spend his way out of the recession.

Wheres Brewster from the film when you need him, vote for none of the above....

[Camoradi]

Axionknight said:

Borrow and spend, not tax and spend.

My thoughts exactly

[Dr Jekyll]

I thought Gordon Brown never did any spending, it was all investment.

[elster]

What's he going to do with all the projects that he said would be spent using the bankers bonus tax 14 times over?

[voyds9]

Just looking for a sound bite to hang a campaign on

[Cliftonite]

. . .

[Vaud]

I'd believe him more if Balls wasn't shadow chancellor.

[JagLover]

The big challenge facing an incoming Labour government (if this does happen) is how to maintain "discretionary" spending at current levels. Most of the cuts planned for by George Osbourne have not yet kicked in and it would be politically very difficult for Labour to carry them out.

In the context of an unreformed welfare state I would expect taxes to rise under Labour just to keep spending in other areas the same in real terms.

"Tax and not spend" might be a good slogan for the campaign trail

[powerstroke]

The great British public will believe him and vote for him
we will have milliband gurgling with his shower of s on the steps of
Number 10 in just under a year

[Axionknight]

powerstroke said:

The great British public will believe him and vote for him
we will have milliband gurgling with his shower of s on the steps of
Number 10 in just under a year

Think about the prospect of a Labour/Lib Dem coalition with Milliband and Clegg at the helm.