Letter: Labour Pretenders

Daily PostOctober 24, 2008

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Summary


IN THE early 1990s, the Conservatives tried to obey the European Union requirements by fixing the exchange rate of the pound sterling to the euro, with disastrous effects, as many will remember, and members of the present government party often throw it up, but without mentioning the cause.

After abandoning the idea, the Tories took control of the economy and established a sound economic base before losing office. This strong base was inherited by the present Government and has been frittered away over 10 years, leaving us in a position of weakness, where we cannot resist the cold winds of depression now blowing.

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Letter: Labour Pretenders

It was fine while the su...

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