Saturday, August 30, 2008

Whatever happened to Prudence?

What has prompted Alistair Darling to declare that Britain is facing the "worst economic crisis in sixty years"? Could it be even worse than the early 90s!?!

"We all remember the early 90s. It was Britain's hard working families -the one million who lost jobs in manufacturing, the one million businesses that went under, the million homeowners with negative equity. It was hard working families who paid the price and bore the brunt of economic failure. [ ] Now, the Tories used to say a Labour government meant recession and unemployment but now Mr Portillo is pushing a new argument: to accept there is economic stability and growth but then to say this is nothing to do with the government. " - Gordon Brown. Conference Speech 2000.

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