There is little point now in finger-pointing or indulging in blame games over what happened 20 years ago or more. It is fair to say that both sides of the political divide, as it was then, should shoulder some of the responsibility for what went wrong. The important thing is that we learn from what happened. There are two major lessons from our experiences of that period. First, lose control of current Government spending and you will inevitable lose control of the economy itself. Second, raise taxes to pay for runaway spending and you will destroy the incentive to work, the incentive to invest and the incentive to create jobs.