how are they worse?
With Thatcher the council house sell of and privatisation's (for example) were a fundamental part of her policies to reform the country rather than solely as vote winners. Sure a lot of people benefited and made money from them, but that wasn't their primary purpose.
With Labour pretty much everything has spin on it, though its difficult to tell how much of that is Labour and how much is the way politics has changed. They'll have big give aways in budgets before elections and whilst the Tories did the same its a lot more obvious with Labour and they spin it a lot more. Labour will often announce a give away in the following years budget and get to claim credit for it twice.
Labour will have plenty of vote winning stuff in next years budget with it falling just before the general election. Then the following year they'll take it all back with interest and totally shaft everyone - which whoever wins will have to do due to the state of public finances.
