David Cameron has shattered the fragile political truce that has held since the financial crisis broke over the last month after he accused Gordon Brown of presiding over a "complete and utter failure" of economic policy in a speech today. The Tory leader addressed a business audience in the City and told them that despite the Conservatives' continuing support for the Government's stabilising package for the banks and the economy, he blames them for the country getting into this state in the first place. "Some people think that this decision - to support recapitalisation - means that we somehow now subscribe to the government's entire economic policy and doctrine," Cameron said. "Let me make it crystal clear - we do not. And the complete and utter failure of their economic record has never been more clear to see." Cameron's move is a very high-risk gamble, as voters will not be impressed if they feel that the major parties are attempting to score cheap political points off each other. The Tories have felt compelled to act after a slew of recent polls has suggested that Brown is closing the gap on them. The result of this week's election in Canada, which saw the incumbent government of Stephen Harper returned in the face of the financial turmoil, may have influenced the Tories' thinking too, as voters choose to stick with 'the Devil they know' in a time of crisis.Cameron shatters consensus
Gordon Brown needs to improve his spin
Renationalisation can cure other British failures
Friday, 17 October 2008
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