You're confusing THE global Financial crisis with the state of our public finances, the latter IS very much down to Gordon, sorry. Now tory tax cuts would have looked awful and been irresponsible (though fiscally not amounting to much) but the state of our budget defeceit and the carnage that's to come is a result of a continued long term overspending by the state in general (Labour and Tory) which has been horrendously accelerated and amplified by the totally politically motivated, hubristic and irresponsible spending spree of Brown in his 'no more boom and bust' phase. Once he left the Tory defined plan on public spending in the early 2000s (remember when he was prudent) our spending and defeceit has spiralled out of control on Gordon's credit card binge. It was unsound, stupid and basically our country needs to stop living beyond its means or we will be Greece, as it is it's not going to be pleasant as with Pensions, Education and Health ringfenced (rightly so but that's well over half of total spend) the we are going to have to cut the remaining budget by 50% or so in the next 3 years to get back on track, utterrly awful....Labour just wouldn't have been able to do that, it's not in its DNA nor would it's high percentage of Unison/unite MPs allowed it....once more, that's the problem with socialism you eventually run out of other people's money...(or I'd add credit). We are near that point. The sooner people take this on board, as to a degree the Liberal Democrats have, then we can get on with trying to sort this mess out over the next painful 5 years or so, people in general and the left just seems completley unwilling to face up to these basic numbers there is no way out of this. Painful as it is we would be best to accept it take our painful medecine in unity...if we run out of credit and default believe me it will be the weak, poor, marginalised, ill and elderly who will suffer the most. Reality check.