Monday, 1 December 2008
Reckless Brown's Financial Mess Will Stun The World
John Redwood ... is good at sums. He tells us that Prime Minister Brown's spin about how much he is currently borrowing, is a little bit short of the mark. Brown claims GBP 78 billion to be the amount he will be needing to borrow this year. Redwood, however, points out that in fact Brown is already borrowing GBP 157 billion. When you take into account that in a recession government spending balloons, and revenues plummet..
Posted on The Tap Blog
Monday, 1 December 2008
Posts
