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PM Gordon Brown has Left Britain "Bust", say Tories
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by Christina 123 | September 29, 2008 at 12:11 pm
151 views | 16 Recommendations | 9 comments
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Shadow Chancellor George Osborne has today blasted Prime Minister Gordon Brown as "having left Britain bust". He was speaking at the Tory Conference in Birmingham.
BIRMINGHAM (AFP) — The Conservatives blasted Prime Minister Gordon Brown Monday over his handling of the economy, saying Britain is now "bust" and presenting themselves as a government-in-waiting.
Shadow Chancellor George Osborne told the centre-right party's conference that Brown, in his 10 years as finance minister, had allowed British households to borrow more than any country in Europe.
Brown had also let Britain build up the biggest budget deficit of any economy "in the developed world," leaving it poorly placed in the current global economic crisis, Osborne said.
"We forgot that an economy built on debt is not an economy built to last," he told party supporters in Birmingham. But now, "the credit has dried up, the engines of the economy have stalled, the party is over.
"The boom is over and the bust has come," he said.
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Christina 123
LONDON, United Kingdom
Barrie Harwood
Chester, United Kingdomcorboyusa
Sunnyvale, California, United States
Most RecentMost Recommended Comments (9)
at 13:39 on September 29th, 2008
Christina 123, I like this story. It's good stuff.
I doubt we have the biggest deficit, unless he's using some hitherto unknown skill of the accountant's black-arts to come to that conclusion. Also, this is a delicious reversal of fortune for both Labour and Conservatives, as this is pretty much the state the Tories left for Labour to mop-up when they came to power - massive deficit, industry in ruins, record-breaking unemployment. We'll never learn!
at 19:15 on September 29th, 2008
Christina 123, I like this story. It's good stuff.
Politics is really strange and frustrating. The one reaping the Glory or the Demise is usually never the one that caused it.
at 22:24 on September 29th, 2008
Ewan McIntosh has contributed a photo to this story.
at 23:34 on September 29th, 2008
Christina 123, I like this story. It's good stuff.
at 03:25 on September 30th, 2008
Christina 123, I like this story. It's good stuff.
at 03:56 on September 30th, 2008
The Brits are the most indebted people in human history: they are going to LOVE the coming depression!
at 11:49 on September 30th, 2008
Britains economic troubles started when brown stopped being chancellor. Wonder who all the w bankers voted for last time? The ones that gambled that is to say. Merchant bankers are traditional conservative voters and many conservative party members are directors of banks. Shareholders of banks, who do they vote for?
at 11:50 on September 30th, 2008
Britains economic troubles started when brown stopped being chancellor. Wonder who all the w bankers voted for last time? The ones that gambled that is to say. Merchant bankers are traditional conservative voters and many conservative party members are directors of banks. Shareholders of banks, who do they vote for?
at 11:50 on September 30th, 2008
Britains economic troubles started when brown stopped being chancellor. Wonder who all the w bankers voted for last time? The ones that gambled that is to say. Merchant bankers are traditional conservative voters and many conservative party members are directors of banks. Shareholders of banks, who do they vote for?