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Brown denies that last 10 years have been boom before bust.
tomstickland
Posts: 19,538 Forumite
http://www.bbc.co.uk/iplayer/episode/b00dn7zx/
Starts at 41 minutes in.
When Andrew Marr says "Prudence", I keep thinking he's refering to Gordon Brown.
High interest rates weren't there in 1997 IIRC.
It's like Harriet Harman on question time - if you don't like a question then deny that the question is fact.
AM "Year after year you stood on conference platforms and you said 'no return to boom and bust, no stop go'. Um, Prudence, you could not say that, you could not stand up this week and say "no return to boom and bust because there would be a, a sort of sickening silence."
GB "yeah, but, we were talking about 15% interest rates and 3 million unemployed, 10% inflation, that was the old days."
AM "but we we we had a huge boom based on inflated property prices and we now have a bust"
GB "eer, sorry, sorry, we had a boost to the growth of our economy that it was is, uh, a part of a fundamental improvement in the prospects of our economy. The idea that you're going to rewrite the last,er, ten years in that way is completely wrong. We sorted out the instability of the economy, so we have lower interest rates. We had 15, no 18% interest rates at one point. Our average is about five, five ff five six percent interest rates and mortgage rates, we have"
AM "highest unemployment for 10 years"
GB "I'm sorry, I'm sorry"
AM "highest inflation for 16 years"
GB "I'm sorry, we have created 3 million jobs, and that is not correct, the inflation"
AM "look the employment figures are"
GB "The, the unemployment figures"
AM "are the highest for ten years"
GM "no, I don't accept that. The iss, the issue is that the unemployment figures are based on two, two, two separate analyses and the more jobs are being created even as I accept unemployment is is going up.
As far, er, the other, figures you mention, I think it's true to, it's true
AM "inflation is the highest it's been for 16 years isn't it?"
GB "it's true to say that America has got much higher inflation than us, it's true to say that every country , <smiles> this is, this is, this is the problem, this is the problem Andrew and you can have these discussions, but, look the global oil price has trebled"
AM "yep"
GB "food prices have gone up quite dramatically, so people are paying more for bread and for milk, and, for for eggs. Commodity prices everywhere have gone up, so inflation has gone up round the world. When people are talking about inflation, you're going to ask, 'is it internally generated inflation like there's been a wage explosion in this country or something like that? Is it the fault of some, um, macro economic mistake that's been made by the BOE or someone? Or is it due to world prices that we, to some extent in oil, have little control over?' And that's the reason inflation is actually lower in Britain than America and much of the parts of Europe."
AM "a lot of your own ministers, your own MPs say 'that's the trouble; it's always somebody elses fault'. It has not been a great year for you, it has not been a good year, and yet, it's always somebody else to blame. You never seem to apologise or either confront the fact that you might have had some failures yourself."
GB "I don't, I don't accept that. I've said very clearly that when we had the 10p tax , er, problem that was my responsibility. And where mistakes are made I will take responsibility. But what I do say to you"
AM "Have you been as good a prime minister in the last year as you hoped you were going to be?"
GB "Look, the conditions in which you have been working are very, very difficult indeed. Nobody could have expected that out of this subprime market in the States you'd have this world financial crisis. Everybody now understands it's a financial crisis."
AM "There's the sea, there's the weather and there's the captain. I'm asking you have you been as good a captain as you could have been."
Well I want to do better, obviously, I always want to do better. I mean my whole ether in life, my school motto was "I will try my utmost". I want to do better always. But I've got"
AM "has it been harder than you expected this job?"
GB "But I've got to deal with situations as they arise, and you know, when you have an international financial crisis... I happen to think I'm better prepared to deal with that than perhaps anyone because you can't deal with this with slogans or PR, or by better good sound bites. You've got to deal with it, by by the wisdom of the decisions you make, and these are testing times for people's wisdom and for the judgement, and I think what's what's remarkable is that every point in this financial crisis the Conservative party have made the wrong judgements and they've made the wrong choices and they've made the wrong decisions. At every point in this financial crisis we've done what I believe is the right thing by the Bristish people."
AM "So, so, so why is it then, as you've taken the right decisions and they've taken the wrong decisions, they have gone shooting up in the opinion polls, you have collapsed in the opinion polls to the point where a lot of Labour MPs down there think your party is going to, not be beaten, but to be slaughtered at the next general election."
GB "You know it's very interesting if you look round the world in politics, for most of the time, when governments have been in power, they're finding it in every other country in the world, and it's true in Britain. Er, it's referendum on the government of the day. So people are asked 'what do you think of the goverment of the day, what are they doing?' and if you've got an international financial crisis it's clear that people
I understand that people are paying more for their petrol, people are paying more for their food when they go to their supermarket. I understand also that peoples gas and electricity bills are high. Now, I understand that, but when it comes to an election, you know, it's a choice. It's a choice between whether you favour the policies that are being put forwards by one party or the other, and I'm pretty confident that when it comes to the choice, and I think this is the new phenonomen in politics that really you have referenda for most of the parliment
and it comes to a choice at some point, and when people focus on the other party's policies , er, the Liberals 20 billion spending cuts, the Conservatives wanting to cut huge huge amounts of,of, of money and being quite irresponsible in these financial difficulties that we face. When it comes to, when it comes to that and that choice, and er people are faced with that choice, they've got to look, well, do they favour the sort of policies like, on childcare that we're putting forwards or do they favour the policies of the other party, and thats what's going to happen"
AM "and yet, for whatever reason, those messages aren't cutting through at all at the moment. Putting, I know it's a big put, putting the economy to one side, I mean, is there not a failure of politics? Do you not have to do politics in a different way if you're going to persuade your party and then the country to back you?"
GB "well, I've been trying to say for some time that politics in this new um digital age, this new internet age, is going to be quite difficult."
AM "Is it not more about tones , a lot more about language?"
GB "Everybody is in a position to put their view. They can blog, they can email, they can put their view. I mean, the Chinese premier was telling me this, that this was happening in China. And I think it's the beauty of our politics when people put their views to respond, and we've got to find better ways of listening to people round the country, of learning from what they say, and showing them that we we had our cabinet in Birmingham, we said to people there and then, that 'we hear what you are saying, we will respond directly to you'. So everybody will be written to with answers and with issues that are, er raised by that meeting, so we need a new form of politics where people are able to respond and people feel that they get a response from people of the government"
etc
GB "Inflation is"
AM "highest for 10 years"
GB "no I don't accept that"
Starts at 41 minutes in.
When Andrew Marr says "Prudence", I keep thinking he's refering to Gordon Brown.
High interest rates weren't there in 1997 IIRC.
It's like Harriet Harman on question time - if you don't like a question then deny that the question is fact.
AM "Year after year you stood on conference platforms and you said 'no return to boom and bust, no stop go'. Um, Prudence, you could not say that, you could not stand up this week and say "no return to boom and bust because there would be a, a sort of sickening silence."
GB "yeah, but, we were talking about 15% interest rates and 3 million unemployed, 10% inflation, that was the old days."
AM "but we we we had a huge boom based on inflated property prices and we now have a bust"
GB "eer, sorry, sorry, we had a boost to the growth of our economy that it was is, uh, a part of a fundamental improvement in the prospects of our economy. The idea that you're going to rewrite the last,er, ten years in that way is completely wrong. We sorted out the instability of the economy, so we have lower interest rates. We had 15, no 18% interest rates at one point. Our average is about five, five ff five six percent interest rates and mortgage rates, we have"
AM "highest unemployment for 10 years"
GB "I'm sorry, I'm sorry"
AM "highest inflation for 16 years"
GB "I'm sorry, we have created 3 million jobs, and that is not correct, the inflation"
AM "look the employment figures are"
GB "The, the unemployment figures"
AM "are the highest for ten years"
GM "no, I don't accept that. The iss, the issue is that the unemployment figures are based on two, two, two separate analyses and the more jobs are being created even as I accept unemployment is is going up.
As far, er, the other, figures you mention, I think it's true to, it's true
AM "inflation is the highest it's been for 16 years isn't it?"
GB "it's true to say that America has got much higher inflation than us, it's true to say that every country , <smiles> this is, this is, this is the problem, this is the problem Andrew and you can have these discussions, but, look the global oil price has trebled"
AM "yep"
GB "food prices have gone up quite dramatically, so people are paying more for bread and for milk, and, for for eggs. Commodity prices everywhere have gone up, so inflation has gone up round the world. When people are talking about inflation, you're going to ask, 'is it internally generated inflation like there's been a wage explosion in this country or something like that? Is it the fault of some, um, macro economic mistake that's been made by the BOE or someone? Or is it due to world prices that we, to some extent in oil, have little control over?' And that's the reason inflation is actually lower in Britain than America and much of the parts of Europe."
AM "a lot of your own ministers, your own MPs say 'that's the trouble; it's always somebody elses fault'. It has not been a great year for you, it has not been a good year, and yet, it's always somebody else to blame. You never seem to apologise or either confront the fact that you might have had some failures yourself."
GB "I don't, I don't accept that. I've said very clearly that when we had the 10p tax , er, problem that was my responsibility. And where mistakes are made I will take responsibility. But what I do say to you"
AM "Have you been as good a prime minister in the last year as you hoped you were going to be?"
GB "Look, the conditions in which you have been working are very, very difficult indeed. Nobody could have expected that out of this subprime market in the States you'd have this world financial crisis. Everybody now understands it's a financial crisis."
AM "There's the sea, there's the weather and there's the captain. I'm asking you have you been as good a captain as you could have been."
Well I want to do better, obviously, I always want to do better. I mean my whole ether in life, my school motto was "I will try my utmost". I want to do better always. But I've got"
AM "has it been harder than you expected this job?"
GB "But I've got to deal with situations as they arise, and you know, when you have an international financial crisis... I happen to think I'm better prepared to deal with that than perhaps anyone because you can't deal with this with slogans or PR, or by better good sound bites. You've got to deal with it, by by the wisdom of the decisions you make, and these are testing times for people's wisdom and for the judgement, and I think what's what's remarkable is that every point in this financial crisis the Conservative party have made the wrong judgements and they've made the wrong choices and they've made the wrong decisions. At every point in this financial crisis we've done what I believe is the right thing by the Bristish people."
AM "So, so, so why is it then, as you've taken the right decisions and they've taken the wrong decisions, they have gone shooting up in the opinion polls, you have collapsed in the opinion polls to the point where a lot of Labour MPs down there think your party is going to, not be beaten, but to be slaughtered at the next general election."
GB "You know it's very interesting if you look round the world in politics, for most of the time, when governments have been in power, they're finding it in every other country in the world, and it's true in Britain. Er, it's referendum on the government of the day. So people are asked 'what do you think of the goverment of the day, what are they doing?' and if you've got an international financial crisis it's clear that people
I understand that people are paying more for their petrol, people are paying more for their food when they go to their supermarket. I understand also that peoples gas and electricity bills are high. Now, I understand that, but when it comes to an election, you know, it's a choice. It's a choice between whether you favour the policies that are being put forwards by one party or the other, and I'm pretty confident that when it comes to the choice, and I think this is the new phenonomen in politics that really you have referenda for most of the parliment
and it comes to a choice at some point, and when people focus on the other party's policies , er, the Liberals 20 billion spending cuts, the Conservatives wanting to cut huge huge amounts of,of, of money and being quite irresponsible in these financial difficulties that we face. When it comes to, when it comes to that and that choice, and er people are faced with that choice, they've got to look, well, do they favour the sort of policies like, on childcare that we're putting forwards or do they favour the policies of the other party, and thats what's going to happen"
AM "and yet, for whatever reason, those messages aren't cutting through at all at the moment. Putting, I know it's a big put, putting the economy to one side, I mean, is there not a failure of politics? Do you not have to do politics in a different way if you're going to persuade your party and then the country to back you?"
GB "well, I've been trying to say for some time that politics in this new um digital age, this new internet age, is going to be quite difficult."
AM "Is it not more about tones , a lot more about language?"
GB "Everybody is in a position to put their view. They can blog, they can email, they can put their view. I mean, the Chinese premier was telling me this, that this was happening in China. And I think it's the beauty of our politics when people put their views to respond, and we've got to find better ways of listening to people round the country, of learning from what they say, and showing them that we we had our cabinet in Birmingham, we said to people there and then, that 'we hear what you are saying, we will respond directly to you'. So everybody will be written to with answers and with issues that are, er raised by that meeting, so we need a new form of politics where people are able to respond and people feel that they get a response from people of the government"
etc
GB "Inflation is"
AM "highest for 10 years"
GB "no I don't accept that"
Happy chappy
0
Comments
-
Ha ha ha bloody ha.
Think your signature is particularly apposite here.0 -
He doesn't accept inflation is highest for ten years? The lunatics have taken over the asylum.0
-
Can't wait to hear Broons' speech tomorrow, lets see how many of these buzz phrases will be used
1. Turbulent times
2. Unique set of circumstances
3. Getting on with the job
4. These difficult times
5. Well placed to weather the storm
6. Strong fundamentals
7. Testing times
8. Every country is experiencing these global problems
Phrases you are unlikely to hear
1. No more boom and bust
2. Prudent
3. Growth0 -
God, he is intolerable, especially the stupid faces he pulls when he speaks,
I honestly can't take him seriously,
Prime Minister? What a disgrace
I must do better, bla bla bla bla
Grow up your not at school, !!!!!!
Sorry, rant overControl is an illusion, chaos is the reality. A successful warrior dances with chaos, and success means simply that one is still alive.0 -
Can't wait to hear Broons' speech tomorrow, lets see how many of these buzz phrases will be used
1. Turbulent times
2. Unique set of circumstances
3. Getting on with the job
4. These difficult times
5. Well placed to weather the storm
6. Strong fundamentals
7. Testing times
8. Every country is experiencing these global problems
9. "... which started in the US..."
10. External factors
11. No, I don't accept that
12. Ten years of economic growth
13. Low interest rates
13. High employment
14. Look
15. Economically sound
16. Package of measures0 -
I deny lots of things, doesn't mean i didn't do them, lol.0
-
4. Sorry.Phrases you are unlikely to hear
1. No more boom and bust
2. Prudent
3. Growth
5. It's all my fault.
6. Back me or sack me.
7. I am a psychopath who TB fought for years to keep shackled in number 11 in case I scared the [STRIKE]children[/STRIKE] voters. Now I'm out and it's mine - d'ya hear - all mine and I'm gonna keep it - ha ha ha - ha ha ha - hahaha.0 -
8. Back, sack and crack me.4. Sorry.
5. It's all my fault.
6. Back me or sack me.
7. I am a psychopath who TB fought for years to keep shackled in number 11 in case I scared the [strike]children[/strike] voters. Now I'm out and it's mine - d'ya hear - all mine and I'm gonna keep it - ha ha ha - ha ha ha - hahaha.0 -
I particularly liked your
14. Look
Excellent.0 -
I've been transcribing that interview and it's amazing how little content there is in it. There is no sense of concept, of ideas, of enthusiasm. He feels so drab that even Andrew Marr seems to be losing interest.
At 49:00 Gordon claims that we have low debt and that he paid a lot of debt off in the last few years.Happy chappy0
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