Spend too much - you must be a Tory press reader.
"Spend too much" - no they didn't. That's part of the problem. The Tories created a narrative that blames Labour for the crisis and paints them as the saviours of the economy - when it was an international phenomenon and their stupid austerity policies killed the recovery. When they took over things weren't that bad - then we had dingbat austerity killing the recovery based on the now disproved theories of one (yeah, one) academic who cooked his figures.
Labour thought we were all too thick to understand the counter argument so didn't even try. Her majesty's opposition sat there like the bunch of steaming puddings they are. All because they thought we couldn't grasp the very simple argument that a country's finances aren't managed the same way you would manage a household budget.
By the way - I hate Labour and am not defending them from partisanship, just from the facts.