Thursday 29 January 2009

A question for Gordon Brown: whatever happened to prudence?

Telegraph
"...my 18-month old daughter, will be graduating from university by the time our national debt returns to pre-recession levels, according to the gloomy forecasts from IFS. Like the Treasury Select Committee the IFS appears to have little faith in the government's forecasts."
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Alistair Darling has pulled out of the World Economic Forum, within hours of being warned that the UK faces a worse recession than any other major country in the world.
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Gordon Brown is a busted flush – and he's taking us down with him
"...Worse still, our Armed Forces are expected to police the world's hell holes on a budget (£33 billion) that is just one fifth of what we hand out for "social protection" (£169 billion). The military is showered in warm words, but suffers from a freeze on real (inflation-adjusted) spending. Of all Labour's wicked deceits, this is the one I find most offensive."

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