Lose, lose since 2008.

The 2008 crash rendered painfully visible what had been obscured. It broke the promises from politicians, academics and the media that lessons learned and reforms installed guaranteed that 1929-type crashes would never recur. The 2008 crash also exposed harsh social realities. The US and UK had become sharply more unequal economically and politically. Both governments quickly endorsed very expensive bailouts for the same banks that had helped cause the crash. Both governments paid for bailouts with decreasingly progressive tax revenues and still more borrowing. And both then pointed to rising government debt to justify austerity for everyone else. 
 So we have been double crossed and all of the cuts that we have suffered under the Johnson and May Tory regimes and the Liberal/ Conservative coalition have been to bailout the billions paid to criminal bankers and their alters to Mammon  in 2008 by our governments. What has been done is shameful and yet the populace, like lambs to the slaughter, have voted for more of the same poisonous neo liberal capitalism.