What has Brown done for Britain since his first Budget?

[Puggit]

Nice little comparision of the UK economy since Brown's first proper budget in March '98. Nothing new or surprising, but it's good to put some numbers to the truth.

Daily Telegraph

Snippets:

Pound has lost 14% value against Swedish Krona, 24% vs Chinese Yuan, 33% vs Swiss Franc, 35% vs Japanese Yen. The Euro didn't exist in '98, but against a calculated equivalent we've lost 27%.

FTSE down 12%. French CAC down less than 1%, German DAX up 12%, US Dow Jones up 15%, HK Hang Seng up 77% (only Tokyo worse).
Allowing for inflation the FTSE is down 20% (Labour 64-70 down 13%, Labour 74-79 down 11.5%)

Budget deficit as a %age of GDP - 14%, worst of G20. Greece is 13%

Unemployment at 6.3% in 98, now 7.8%

Article said:

In short, sterling is in the toilet, our pensions have been slaughtered, cash savings yield almost nothing, the country is up to its neck in unprecedented debt, the banking system is awash with funny money, our gold reserves were sold off at rock-bottom prices, and Britain’s dole queue is considerably longer than before Crash Gordon began cooking the books.

[10 Pence Short]

It's what we always knew. Gordon Brown is a stupid c*nt who always thinks he knows best, but rarely does.

[Asterix]

I think the article is half arsed. Seems like it was written in a hurry and merely tickled the multitude of issues that could be proven to have worsened over the last 12yrs.

[Puggit]

Asterix said:

I think the article is half arsed. Seems like it was written in a hurry and merely tickled the multitude of issues that could be proven to have worsened over the last 12yrs.

I'm struggling to think of something more important than budget deficit, currency value and unemployment rate that has improved?

[Cloggie]

Puggit said:

Asterix said:

I think the article is half arsed. Seems like it was written in a hurry and merely tickled the multitude of issues that could be proven to have worsened over the last 12yrs.

I'm struggling to think of something more important than budget deficit, currency value and unemployment rate that has improved?

Increased taxation

Increase in size of government in its widest sense

Loss of individual freedom

Loss of individual privacy

Loss of individual responsibility

Health & Safety madness

[Puggit]

But they aren't all related to the economy, which is the implication of the thread

[thinfourth2]

10 Pence Short said:

It's what we always knew. Gordon Brown is a stupid c*nt who always thinks he knows best, but rarely does.

Rather then blame the man blame the political system that let such a useless tosser get into a position of power

As if it wasn't broon it would be some other useless bag of flesh

[Cloggie]

Puggit said:

But they aren't all related to the economy, which is the implication of the thread

Taxation, size of government, government spending and increasing the burden on business all have an effect on the economy. Mr. Brown's implementations in these matters have taken the economy to the place it is now with the Pound at a very low level, deficit very high, unemployment high etc.

[Mclovin]

this sums it up...

http://www.youtube.com/watch?v=GWbfvZF7-WQ

[Pesty]

thinfourth2 said:

10 Pence Short said:

It's what we always knew. Gordon Brown is a stupid c*nt who always thinks he knows best, but rarely does.

Rather then blame the man blame the political system that let such a useless tosser get into a position of power

As if it wasn't broon it would be some other useless bag of flesh

Don't hate the player , player. Hate the game




can I hate the system and brown?

[andy43]

Asterix said:

I think Brown is half arsed. Seems like he was elected in a hurry and comprehensively fked the multitude of issues that came within a mile of his remit.

EFA

[PJ S]

An almost perfect edit, except arsed should be replaced with blind.

[JB!]

PJ S said:

An almost perfect edit, except arsed should be replaced with blind.