Saturday, Jan 26, 2008
Summary of the economy
Economist: Nothing to smile about
Nothing new but a good summary. In short we are in a mess with no way out. Gordon has failed. The return of boom and bust!
Posted by who stole my pension? @ 07:16 AM (255 views) Add Comment
2 Comments
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1. alan said...
The finger is pointing directly at GB. Expect to see more of this in "quality editorials" in the future.
"The prime minister must be praying that Mr King and his fellow rate-setters make the right call. His political future as well as his economic reputation may depend upon it".
2. Jay said...
Look at the chart on that page. It shows good surpluses until 2000, and disaster from 2001.
People forget that for the first three years, NuLab kept to the Conservative's spending plans and limits, afterwards doing their own.
Now, 1997 + 3 = 2000..............
Another case of Brown stealing the legacy of others.