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Gordon Brown is an economic genius. Discuss.

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Comments

  • house123
    house123 Posts: 113 Forumite
    MPD wrote: »
    I don't think he is going to tackle any contentious issues before the election and I very much doubt it will be his job to tackle any issues after the election.

    and its madness to think we will be out of recession this year.

    and house prices simply can not rise this year.

    and gordon brown will never be voted in next year.

    2 down 1 to go.
  • prowla
    prowla Posts: 14,192 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    He is the man who proclaimed "An end to boom and bust!", and then went on to engineer a near depression.
    He helped create the bubble that has caused the recession in the first place, and then his answer to the issue was to borrow our children's and children's children's money to try and make it go away.
    The man is incompetent beyond belief.
  • Sapphire
    Sapphire Posts: 4,269 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Debt-free and Proud!
    prowla wrote: »
    He is the man who proclaimed "An end to boom and bust!", and then went on to engineer a near depression.
    He helped create the bubble that has caused the recession in the first place, and then his answer to the issue was to borrow our children's and children's children's money to try and make it go away.
    The man is incompetent beyond belief.

    I agree – and think the labour party spin machine has infiltrated this forum.
  • ad9898_3
    ad9898_3 Posts: 3,858 Forumite
    The 'genius' that is Gordon Brown is simple, he has borrowed a temporary recovery, borrowed from the current taxpayer and the next two generations of taxpayer. If you want to see Brown's genius at work, pop over to the DFW board to see how it works on a smaller scale. Here's an example.

    Question----'I earn 15k a year, I owe 70k on credit cards, how did it come to this.'

    Answer---- ' You spent more than you earn, doh!!'

    This is the same thing Brown is doing.
  • prowla
    prowla Posts: 14,192 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Further, him saying that he is the best man to get us out of this mess is like a rapist offering to drive their victim home.
  • nearlynew wrote: »
    Small government and sound money is the only way out of this mess and is the key to a sustainable economy.

    If your post was anti-Labour/pro-Tory can you point out when they stuck to these "only" principles? Thatcher talked about the small state and spent a decade growing it. And sound money? Well we had the great monetarist failure which kept Britain in a prolongued recession.

    Then we had a credit-fuelled boom (for half the country anyway - the northern half was still on the dole) from a Chancellor who proclaimed his own economic miracle (hmmmm, sounds familiar) before it went bust.

    Is this the "Small government and sound money" you are remembering?

    Anyway, do people want small government? Every poll I've seen has punters screaming for better and bigger public services like in France or Scandanavia, not smaller.
  • house123 wrote: »
    Think I am wrong? Think again. He has almost single handedly stopped the world from entering a depression because of what he achieved at the G8 summit in March. In fact, it actually now feels like we are actually in a very mild recession. When he said he had ended boom to bust economics, it would appear he was actually right. Think about it, we all thought at the end of last year the economy had bust, 6 months later it is almost odds on house prices will be back to 2007 prices by Christmas. Pretty much all of us still have a job, we can almost borrow as much as we want and we are beginning to spend spend spend. Even the stock market is growing at one of the fastest rates of all time, which can only mean huge bonuses.

    NEXT YEAR YOU MUST VOTE THIS ECONOMIC GENIUS BACK IN!

    Now, I am being a touch sarcastic. However 3 months ago I would have been plain barking. However, when I hear and read what the media are saying and when I come to a site like this and read what the bulls, which are the majority now, are saying this is almost how it seems.


    Brown is the incompetent idiot who caused this whole mess with his reckless economic policies of the last decade. He has allowed the country to run up record levels of debt, set up a spineless regulator and cosied up to the banks while they laughed behind his back.

    Abolished boom and bust, you are not being serious I know, but if it is abolished what are we in now ? This recession is the worst for 50 years, independent organisations like the IMF, NIESR and IFS all believe we are in a far worse position than our peers.

    Brown allowed the housing bubble to get out of all proportion and did nothing to stop it. Indeed why would he, people felt good and he was getting tax revenue.

    Brown presided over record rises in taxation and accrued nothing for the bad years. Most of the "record levels of investment" !!!!!!!! is actually PFI which we will be paying for well into the middle of this decade and is far worse for us financially than the govt borrowing the money.

    Brown is an idiot, worse than that he is a dangerous, brooding, malevolent idiot. He had a good economic legacy from Ken Clarke who, although not without faults, was a decent chancellor. Brown was not.
    "There's no such thing as Macra. Macra do not exist."
    "I could play all day in my Green Cathedral".
    "The Centuries that divide me shall be undone."
    "A dream? Really, Doctor. You'll be consulting the entrails of a sheep next. "
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Cameron is a knob - so I will vote Labour.
  • tomterm8
    tomterm8 Posts: 5,892 Forumite
    Part of the Furniture Combo Breaker
    The problem is, I just don't find the Tory alternative creditable. It would be nice if they had chosen to have a shadow chancellor with at least an A level in economics during the worst financial crises in living memory. The policies they suggested during the crises were absolutly barking, cutting back public services during the recession was a mad idea. Ireland, Latvia, and Turkey have tried that one, with fairly disasterous results. The time to cut them is in around six months after the recession.

    I'll probably end up voting liberal democrats... I honestly feel that they are the only ones who spoke up about the economics dangers before the banks started to crash. The tories agreed with all the labour policies that actually caused this mess.
    “The ideas of debtor and creditor as to what constitutes a good time never coincide.”
    ― P.G. Wodehouse, Love Among the Chickens
  • mbga9pgf
    mbga9pgf Posts: 3,224 Forumite
    Cameron is a knob - so I will vote Labour.
    You are more !!!!!! than I originally thought.

    I'll probably end up voting liberal democrats... I honestly feel that they are the only ones who spoke up about the economics dangers before the banks started to crash. The tories agreed with all the labour policies that actually caused this mess.

    user_online.gif [EMAIL="abuse@moneysavingexpert.com?subject=Reporting%20post%20http://forums.moneysavingexpert.com/showpost.html?p=23833753"]report.gif[/EMAIL] post_thanks.gif

    You will be wasting your vote. The worst thing that could happen would be a hung parliament at a time like this. We need a government that has the power to sort this out, not struggle with party politics.
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