Dave1 wrote:Barry in actual fact Gordon Brown said "no more Tory boom and Bust" that has a slightly different meaning to how you portray it.
The Conservative Party fell from grace in 1997 it has not been in power since and with the number of u turns and their inability to narrow the division between the rich and poor they are facing a disaster at the next election.
My granddaughter is now old enough to vote, her interest in politics is minimal, she regards them as yesterdays men who are completely out of touch with modern reality, I think she is right.
Dave1 - that was Brown's weak defense as if a Labour boom and bust would be OK - well we have the bust and, tell me - is it OK?
The fact that you cannot deny is that Brown, who claims to be a Keynseyan, failed to follow the inconvenient part of Keynes prescription, the bit where he said to balance the current account during the growth part of the economic cycle. It was his reckless disregard of that which is one of the major reasons for the depth of the UK's domestic recessionary problems.