When Labour were last in power and had spent all our wealth, they had to go to the IMF for a a loan to bail us out.
The loan was made available to us provided we increased government spending !!!!!
Of course not.
The then Labour government led by uncle Jim had to CUT spending to obtain the bail out loan.
They then did so, and in came the winter of discontent and then in came Mrs T who then sorted things out.
Its all happening again only much worse this time. we do not have Uncle Jim but Blunder Brown.