Leaving aside the question of whether or not you agree with the proposition she's saying "I've seen how the Tories act during a recession, and I don't like it."
Perfectly logical.
(, Fri 22 May 2009, 16:11, archived)
there was a recession during the last Tory government, which was the fault of the Tories because they were in government. Whereas this one doesn't count.
(, Fri 22 May 2009, 16:13, archived)