"at root our economy is better placed to weather the global storm than it was in
the seventies, the eighties and the nineties". – To North West of England
Business Leaders (see here.)
"It's a financial global recession everybody knows and started out of America,
we are having to deal with the fall out. We are better placed in Britain than we
have been in the past and are better placed that many other countries" – BBC
Interview (See here)
So, do people share your views Gordon?.....
What about Ed Balls? Well, let’s look at who he is first. He worked for the Financial Times as an economic leader writer (1990 – 1994), before going on to work for Gordon Brown in 1994 in the then Shadow Cabinet. After Labour won the 1997 election he worked for the then Chancellor (again, one Gordon Brown) in a position called “Chief Economic Advisor” where he allegedly earned the title “The most powerful unelected man in Britain”.
It would be fair to say then, that Ed Balls is intimate with Gordon Brown, familiar with the internal workings of the treasury department, the Government and of the national economic position.
Last night, Ed Ball told a Labour conference that these were "seismic events that are going to change the political landscape". He also said the current economic situation is "more extreme and more serious than that of the 1930s" (See here.)
Oh dear. That doesn’t sound very supportive of Mr Brown or this Labour Governments official position.
Ok, well let’s look at someone else then… how about Nikolas Sarkozy. Well again let’s look at who he is. He is the democratically elected President of France (means he won an election of the whole country, Gordon may not be familiar with this concept).
Any way, what did Mr Sarkozy have to say on Gordon Browns Economic competence? Surely as a European leader, he will look at what Gordon brown was quick to do, and follow his leadership.
"The British chose a recovery plan by boosting consumer spending, notably by
cutting VAT by two per cent. It is plain to see that it has brought absolutely
no progress. "
Doesn’t sound very supportive, maybe we should look at what else he said…
"The reason is simple: because it's in people's heads. If the consumer no
longer consumes, he won't change just because we add or subtract one VAT point,
it's because he's scared for his future, he's scared for his job and says to
himself: 'I must save, because bad times are coming'.
"In France, we chose investment because when we put France into debt by
taking money to invest, in return we have assets, infrastructure. When you put
your country into debt to pay for operating costs, you have nothing in return
for your debt and you ruin the country.
"If the English did that it's because they don't have any industry
left. Gordon Brown cannot do what I am doing with carmakers [giving them up to 6
billion euros]... in construction and other industries, because they haven't got
Oh dear. Well let’s look at the IMF then. They have effective control on the world’s supply of money, they must recognise that “Gordon Brown has not only saved the world….” Ooops, he didn’t mean to say that did he.
Anyway, the IMF know what they are talking about, they must agree that the UK is well positioned economically. They have a report here. Oh, I forgot, they placed the UK at the very bottom in their outlook of developed nations, and are predicting that the UK economy will shrink by 2.8% in 2009.
Ok, maybe these are too specific. How about House owners?
No, wait, house prices have fallen an average of £22,000 per house hold in the last year or so.
What about the Unions? They love Labour Prime Ministers.
Hmm, forgot, they though when Gordon Brown said “British Jobs for British Workers” he was going to do that. He didn’t thell them that the EU won’t let him.
Well, admittedly they might be hard to find now, as only 28% of the electorate is considering voting for Labour.
Polly? Getting mixed signals from Pol. Best not disturb her today; she is getting a bit of a kicking today from her readers.
My Blogs readers… No, wait, this is getting embarrassing… I almost forgot, but 92% of them want Brown to resign.
What about Gordon Browns Cabinet, they must support him and his claims on the economy…
Let’s see, The Foreign Secretary? No, that’s David Miliband, he was going to run a campaign against Gordon Brown Last year. Nobody, not even Gordon Brown thinks David Miliband trusts Grodon Brown.
Jacqui Smith, the Home Secretary? Well she is supportive, but then again she is making massive amounts of money from the position Gordon put her in, she would have to back him, he is probably keeping a public enquiry from her door.
Jack Straw? haven’t heard from him in a while… hmmm, wonder where the Justice Secretary is?
Ed Balls? No, done that one already.
Labour MP’s. They will of course support their leader. They have to, it’s their job to, and they wouldn’t want to make dear Gordon cry again. Come to think of it, a lot of them will be out of a job soon, they are probably less happy..
I t seems I may am struggling to find a credible example of somebody who will back Gordon Brown’s economic policies, and actually for him to remain as Prime Minister. Is there anybody left that does?
Oh wait of course there is. I forgot, there is the BBC and the EU.