It seems our local Labour Council and the national Labour Government have much in common when it comes to dealing with financial affairs. Both are happy to waste taxpayers’ money until it is all gone.
Here in Salford, Labour have dipped into reserves so often that there is now nothing left, and our capital programme is being financed by millions of pounds of unsupported borrowing. Nationally, Alastair Darling’s plans mean that our national debt is set to double to £1 trillion. Both locally and nationally taxpayers will end up paying a huge bill for Labour’s financial irresponsibility.
Local Salford Labour MP Hazel Blears had a big smile on her face when all this was being announced. I wonder what her voters think of it all?