Papa, You are not very wrong about tax and spend and Labour nor are you very right
I recall my old Dad explaining this to me. He likened the tax revenue the government got as the household income, it paid for the food, clothing, the utility bills, to redecorate the lounge or buy a new kitchen, a pint in the local on Saturday night. Now and then there was some left over with which we could afford a holiday. Much as his income did.
In some households however a lot of this money got sidetracked into paying for excessive beer and fags, fancy clothes and when it wasn't enough a new TV, a new car and a foreign holiday were bought, all on the HP. Because this family was spending their money before they got it they got more and more on HP until they couldn't meet the payments and were evicted.
Can you guess which family he likened to the Labour party? if you need a clue, it wasn't the former.
This was way back in the early 50's although he hadn't changed his mind in the 80's
A wise man my father, he was not a dyed in the wool tory he just went for the lesser of evils.