Labour's economic credibility was further damaged today after new figures revealed Britain's economy remains mired in recession.
Compare and contrast, given this little lot, I can't see how anyone else could be a bigger danger to the economy than yellow streak Brown and the Liebore party.
In 1979 the Manufacturing Output of the UK was £84.5bn, it then dropped substantially and by 1982 was £72.4bn. However, by the time Mrs Thatcher left office it had not only recovered to pre-recession level but actually grew to £93.3bn - an increase versus 1979 of 10%.
In the time whilst John Major was PM despite a set back in the early 1990's when he left office, manufacturing had grown still further to reach £97.9bn. Thus in 18 years of Tory government, manufacturing output increased by a total of 15.8%. Whilst over 18 years this is fairly modest growth, it is a direct contradiction of the oft-asserted claim that the Tories destroyed British industry and built a service economy to replace it.
Now let's look at the picture since 1997.
Tony Bliar inherited a manufacturing sector producing £97.9bn of GDP. When he left office in 2007 this had reached £102.2bn, an increase of 4.4%. However, since then the economy has gone into significant recession and the manufacturing GDP figure for 2009 will be circa £89bn.
Thus compared to the 18 years of Tory government that grew the manufacturing base of the UK by almost 16%, the Liebore government in its 13 years of office has reduced manufacturing output 9%.
All PMs have stretched the truth, but yellow streak Brown must surely go down as the biggest liar in political history.
Source: Office Of National Statistics.