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by jen20 1276 days ago
Actually no, they did not run on that. They ran on a platform of “sharing the proceeds of growth”, and then changed their mind after getting into office. I believe the outgoing minister left a (lighthearted?) note saying “I’m afraid there is no money left”, which was used as a partial justification.
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08 financial crises the uk went full austerity and basically missed out on the economic boom.
This is untrue: the austerity era did not begin until 2010, after the general election.
US went on austerity too but it didn't stop them their economic boom.