| Topic: | Re:Re:Re:Re:Re:Re:Re:The Real Big Story : UK Economy continues to shrink under Gordon Brown | |
| Posted by: | Stewart Dean | |
| Date/Time: | 27/10/09 23:36:00 |
"Apologists for the Labour Government need to explain why the UK economy has now dropped from fourth place to seventh place in the world (behind Italy) and why the UK remains in recession whilst our major competitors have moved out of recession." Because deregulation and a bonus lead culture that was created in the 80's left us exposed to more risk than our more even handed competitors. Can you imagine the back lash if Brown had started bringing in tighter regulation in the banking sector before those US mortgages sent everything tits up? Let me repeat that I don't vote Labour (other than Ken) but you attempt to paint Brown as being the main person responsible for our economic position is a bad call. "Is it because the Labour Government is preparing the UK to join the euro ?" As would a Tory government. We will eventually join the Euro or see ourselves at the side rather than at the heart of the worlds biggest economy. All this talk of China and we've forgotten what we have on our door step. |