Well it doesn’t if you look at the whole picture, given more councils have gone bust in the last theee years than in the last three decades and almost half of all of them are at risk of it.
Both main parties, as well as even more so significantly, central government have played their part in that.
That’s to the side though. If you’re arguing that it shows an incompetence on behalf of the local authorities, these are councils that have seasoned councillors with significant experience, regardless of what political persuasion they are. Do people really think that competency will increase by putting in some of the candidates that Reform have now got in positions on local authorities?