Gordon Brown, a tribal politician of the very worst kind, is now finding himself completely out on a limb on what to do next to tackle this country’s deepening recession.
He is currently travelling round the world, trying to play the statesman in advance of next week’s G20 summit where he desperate hopes for “Gordon Saves The World” headlines.
However, his favoured and so far only approach to the economic crisis – i.e. throw more of our money at it – was balked last night by Bank of England Governor Mervyn King who rightly said that this country could not afford another “fiscal stimulus.”
It is advice that the Prime Minister should heed. This country has racked up a debt it will take generations to pay back and it has all happened on his watch, both when he was Chancellor and in Number 10.
This is a man who wasted £12.5 billion on a temporary VAT cut which experts said at the time would never work – but he did it anyway.
He is a man out of control and, fuelled by narrow-minded personal and political ambition, he has left our economy equally out of control.
He is currently travelling round the world, trying to play the statesman in advance of next week’s G20 summit where he desperate hopes for “Gordon Saves The World” headlines.
However, his favoured and so far only approach to the economic crisis – i.e. throw more of our money at it – was balked last night by Bank of England Governor Mervyn King who rightly said that this country could not afford another “fiscal stimulus.”
It is advice that the Prime Minister should heed. This country has racked up a debt it will take generations to pay back and it has all happened on his watch, both when he was Chancellor and in Number 10.
This is a man who wasted £12.5 billion on a temporary VAT cut which experts said at the time would never work – but he did it anyway.
He is a man out of control and, fuelled by narrow-minded personal and political ambition, he has left our economy equally out of control.
No comments:
Post a Comment