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BLOGS by Stephen Kahn

DON'T THANK GORDON BROWN...HE GOT US INTO THIS MESS

Thursday November 20,2008

By Stephen Kahn


Don't thank Gordon Brown...he got us into this mess

Gordon Brown should have been more disciplined when times were good...and he was Chancellor

It is a mystery to me why Labour has narrowed the Tory lead in some opinion polls. It is said Gordon Brown – and his sidekick Alistair Darling – are having a good financial crisis.

Certainly they are getting time in the international spotlight although very little is achieved for all their huffing and puffing.
 
But David Cameron and George Osborne do seem to be making heavy weather of getting their message across on taxation and borrowing policy. Perhaps we’ll get a better idea of where they stand in the days following the Pre-Budget Report.
 
I do know, however, that even the most superficial examination of Labour’s record in Government shatters any pretensions it has towards economic competence.
 
This inconvenient truth was brought home in comments this week from Andrew Goodwin, economic advisor to the Ernst & Young ITEM Club, which uses the Treasury’s own economic model to arrive at its conclusions.
 
This is his take on the “shocking state of the public finances, with borrowing rising alarmingly.”
 
He writes, ”Though the government is likely to announce a package of tax cuts in the Pre-Budget Report, higher taxes and/or lower government spending are certain once the economy has been restored to health.”

Had the government been more disciplined when times were good it would have more room for manoeuvre now that we are entering recession, he adds.
 
It is true many parts of the world are heading into recession or – like the eurozone – have already arrived. But sterling’s continuing weakness signals that the world’s money markets believe that our economy is poorly placed for recovery.
 
Yet Brown and Darling have the brass neck to tell other nations how to go about their business – and smugly seek plaudits at home for doing so.

Click here to have your say

DON'T THANK GORDON BROWN...HE GOT US INTO THIS MESS

24.11.2008, 6:22pm

Labour won three elections BY CONNING THE ELECTORATE WITH HOLLOW PROMISES, RHETORIC AND SPIN.

For the last 11 years they have been the most DUPLICIOUS, INEPT and INCOMPETENT Government in the whole of British History.

Labour inherited an economy IN THE BLACK. THEY HAVE RASHLY AND INCOMPETENTLY SQUANDERED EVERYTHING AND IT IS JOE PUBLIC WHO IS PAYING THE PRICE.

God help Middle England if my some horrific misfortune they were voted in again. We will ALL be totally bled dry and ultimately Britain will be totally sold out by Labour to the EU.

• Posted by: EmperorMingReport Comment

SAFE PAIR OF HANDS?

24.11.2008, 2:23pm

So why did labour win so many times. Economy stupid! So he must have done something right.

Will he steer UK out of the financial crisis? time will tell.

As for the markets. Who is to blame? Gordon? no way

• Posted by: britinbeijingReport Comment

HEIL GORDON

24.11.2008, 1:50pm

I recently heard it said that only one man has done more harm to this country than Gordon Brown....his name was Adolf Hitler.

• Posted by: stevewoReport Comment

THIS ONE HAD ME SMILING...NEVER A TRUER WORD SAID IN JEST.

24.11.2008, 10:23am

http://uk.youtube.com/watch?v=BUNUuqlG1a0 check out these videos,its the same video from the film Downfall with different subtitles...

• Posted by: MoronamidReport Comment

WORST CHANCELLOR IN HISTORY

24.11.2008, 2:05am

The comments so far say it all. I need add little.
He inherited a superb, growing economy and single-handedly destroyed it. My beef, 'cos I'm old, is his blowing apart of the pension funds. Brilliant move. Oh, and flogging off the gold reserves. And throwing money at problems, which any fool kno, doesn't work.

And, as you've pointed out, he's now our saviour. Yuck!

• Posted by: diggerjohnReport Comment

WHAT A FINE MESS YOU HAVE GOT US INTO

22.11.2008, 10:02pm

Gordon should be tried for treason, he is the most despicable and 'alien' one we have ever had as chancellor. For God's sake go and soon!

• Posted by: porkpiesReport Comment

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