If Gordon Brown is right and we are the country best placed to deal with the recession, how come our currency is dropping like a stone against all the other major currencies?
While the underlying cause of this downturn cannot fairly be laid at the feet of Gordon Brown, the fact that we seem singularly unprepared for it can. Repeating the mantra "end of boom and bust" is not the same as having an economic policy, neither is taxing as much as you can and burning through the money raised as if there were no tomorrow.
I have never thought much of Brown's economic competence, I had hoped that it wouldn't take our economy being screwed up for everyone else to realise how weak he is.
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