Friday 22 August 2008

"An end to boom and bust"

Or so went Gordon Brown's favourite saying, rattled off in that dreadful monotone so reminiscent of Soviet era politicans droning about increasing tractor production while the people starved.

Now we see an end to "an end to boom and bust":

UK economic growth ground to a halt between April and June, according to the latest official data.

The Office for National Statistics said economic growth was unchanged in the second quarter from the first, revising an earlier estimate of 0.2% growth.
This also renders obsolete another of his beloved sayings: "x consecutive quarters of growth", where x is a very large number whose origins (unspoken, of course) are under the last Tory government, who can take credit for those on their own watch and probably all of them under Brown's time too.

But now the house of cards of is crumbling:
"The figures are very weak and suggest the UK economy is already in recession," said George Buckley, an economist at Deutsche Bank.
Your humble scribe is no economist, and will leave the more forensic destructions of Gordon Brown's abysmal record to them. Although I probably know about it than Gordon Brown, who for some unfathomable reason appears to think that he, and he alone, can make socialist tax-and-spend fuckwittedness work, despite the overwhelming evidence to the contrary.
Now he must reap what he has sown. A perfect economic storm awaits - the economy is likely to worsen for at least another eighteen months, which will neatly incorporate the next General Election. Labour is certain to be obliterated, and Gordon Brown will take his deserved place at the head of future lists of "Really, Really Shit Prime Ministers".
His personal and professional destruction will make for enjoyable viewing - but only for those who manage to ride it out. Unfortunately we must all reap what he has sown. And while seeing this shower of shits out of power for a generation is an appealing prospect, the pain the country must suffer in order for this to happen may not make it worthwhile.
What an absolute twat.

1 comment:

David Gerard said...

The solution to the economy: complete apathy.