Wednesday, November 12, 2008

Brown’s economic record exposed as a disaster

Who's to blame? Look in the mirror, Mr Brown

A former Prime Minister accuses Labour of squandering the golden economic legacy that it was bequeathedJohn Major Sixteen years ago an economic gale blew away a vital part of my economic strategy; now, a more comprehensive storm has undone the entire economic strategy of the Labour Government....... Who ignored the debt spiral as it built up? Who weakened regulation and allowed Northern Rock to offer 125 per cent mortgages? Who diminished Bank of England control over our banking system? Who wrecked final-salary pensions with a £5 billion-a-year tax levy? Who ignored the risks of the house price and equity boom? A glance in the mirror shows him (Brown) the culprit.....

Posted by dave @ 10:58 PM (349 views)
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