You made the ascertation that Labour would spend this country into oblivion and I’m simply showing you that the Tories aren’t spending at all, despite recent economic growth.
Also you shouldn’t throw around such hyperbole about who understands economics and who doesn’t, particularly when you quoted the unemployment figures being a win for the tories, but conveniently didn’t mention the zero contract hours which are a significant contributor to the unemployment numbers.
Further to that, this idea that due to Labour’s spending the Tories simply HAD to cut to balance the books and recover the deficit is false and oversimplified. When recovering from a severe downturn such as 2008 — and with interest rates at nearly zero — the deficit should not be the target of policy. Instead, it should be allowed to expand until the economy has recovered. Also Osborne said austerity would last until 2015, and by then public spending would increase because the economy will have fully recovered - he failed spectacularly and now that has been delayed to 2025, a 10 year revision.
As for your Glazers analogy, well the less said about that the better.