Brownies galore in our PM’s interview with the Economist. So many, in fact, that I thought I do a quick Fisk:
The Economist: The big worry seems to be the deficit—the deficit. What should the message should be?
Gordon Brown: I actually think that the first thing that we’ve got to do as a global community—and I said it this morning and I’ll say it again—is that the reforms of the global financial system are not complete. As far as Britain is concerned, we are dealing with a one-off hit as a result of globalisation.
FN: Let us pause, here, to consider the brazenness. Brown’s policies pumped the UK economy up with the steroids of debt. The banking collapse hit us harder than any country because he took the wildest risks. But, to cover that up, he repeats the claim that he first made in interview with FT a few weeks ago: that this is “one-off” adjustment.
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