Skashion said:
What we can afford depends on taxation and I don't defend Labour's taxation policies. I'm a vehement critic of them in fact. Although, to be fair to them, they've had to operate under the restraints of the 'race to the bottom' in corporation and personal income tax. All I said was that was despite the minuscule gap that exists between the parties, there is still the difference insofar as the tories still think the state's job is to get the fuck out of the way of the market whereas Labour is interested in using market mechanisms and increased spending to improve public services.
Your original post read like it was a dig at the tories spending habits which judging by the level of national debt in 1997, could be descibed as prudent? I was merely pointing out, or having a dig back, that Labours reckless overspend has resulted in the longest recession and biggest national debt since the second world war.
As for "they've had to operate under the restraints of the 'race to the bottom' in corporation and personal income tax", I have no idea what this means, sorry.