Decent he might have been, well-meaning he might have been, but I remember him going cap in hand to the IMF to get us out of the mire at the cost of devaluation.
Remember 'this won't affect the pound in your pocket'?
Labour have always mismanaged the economy, and given a chance, always will.
"We'll borrow it" says Skinner only a few days ago, forgetting as usual that a debt has to be repaid.