• The post you are reporting:
   
  PaulB - Now you really have got into the realms of a fairy story....
  
  Gordon Brown will go down in history as the most incompetent Chancellor who's mismanagement resulted in us being the first nation in to the deepest global recession for 80 years, the worse hit of any major nation and the last out of recession. He will be seen to be responsible for the worse collapse of international confidence in sterling in its history.
  
  I cannot point to a single economic measure for which he is responsible that has turn out to be correct. Oh, perhaps the decision to stick to Ken Clarke's spending plans in the first two years of his Chancellorship. Even what seemed the right decision to give the Bank of England independence over interest rates, turned out to have been a disaster due to combining it with the tripartied arrangement for regulating banks he also introduced.
  
  He has enjoyed his initial, crisis inspired, Brown bounce, but it is now clear that the public have latched on to him now and it will be all downhill for Brown. I predict that he will be back in political oblivion territory within 3 months.
  
  His 'saved the world, claim is also falling apart, you just need to see the latest comments from the IMF and the German Chancellor (yesterday) to see that.

Report Post

Your Name

Reason