And about Brown:
5. Gordon Brown's Budget speech.
When a chancellor starts with a long burst of self-congratulation, it's time to head for the lifeboats. This is what Mr Brown said: "My report to the country is of rising employment and rising investment; continuing low inflation, and low interest and mortgage rates... this is a Budget to expand prosperity... our fiscal discipline is the foundation of the strength of Britain's finances." We knew his claim was risible. Since then, it has become ever more ridiculous.