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Not simply a political problem

PUBLISHED: 10:52 15 December 2008 | UPDATED: 22:01 05 July 2010

PETER Aldous thinks that the Labour government is to blame for the current economic crises (December 5).

Yet when the magnitude of this problem became evident the Conservatives were in full support of the government's economic strategy to get us out of recession.

PETER Aldous thinks that the Labour government is to blame for the current economic crises (December 5).

Yet when the magnitude of this problem became evident the Conservatives were in full support of the government's economic strategy to get us out of recession.

However, as a result of national and international broad agreement with this approach, and therefore Labour's increased popularity at the expense of the Tory party in panic mode, the Conservative opposition now argue that this strategy is flawed.

It is blatantly clear that whatever strategy is offered none of them can guarantee a way out of the current recession. But this is immaterial to Mr Aldous who takes the opportunity to try and make political capital out of a situation that is crippling individuals and families across the UK.

Also, with the exception of Mr Aldous, most of the public recognise that this is not simply a political problem that has arisen over the last 11 years, but a symptom of the greed of the financial sector that has been nurtured by successive governments over decades. Consequently, in addition to measures to get us out of recession we desperately need controls over the financial sector to prevent them exploiting the British public, yet again.

Naturally the Tory Mayor of London is opposed to any regulation of the financial sector but then the self-interests of many politicians appear to significantly outweigh the interests of the public.

GEORGE SMITH

Park Road

Lowestoft

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