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The pound has its problems only as a direct result of Brown's binge. It is the clearest expression of a total lack of confidence in the Government's economic policy. It is what George Osborne warned against not so very long ago. It is utterly absurd to try to blame politicians for talking it down. What has happened is a matter of hard economics not loose talk.
To join the Euro would compound disaster. Currencies work in tandem with overall economic policy and you cannot disguise economic weakness by hiding behind a different currency. Make no mistake there are incredable pressures threatening to tear the Euro apart right now and we are much better off out of it.
What is needed is a credable economic policy based around sound money, real and substantial cuts to public expenditure must lead the way. We are much weaker than other economies and by far the worse placed to deal with the recession all due to Brown's age of irresponsibility.
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