Irwin Stelzer

Brown must stop sounding like a sore winner

The Prime Minister has triumphed for now with his grand rescue plan, says Irwin Stelzer. But that is no reason to blame the crisis on America. It may be a reason for an early election

issue 18 October 2008

‘I was born for this moment,’ Gordon Brown is said to have told a small group at a recent dinner party. The Prime Minister is too keen a student of history not to have known that he was parroting Winston Churchill’s famous remark on becoming Prime Minister in 1940, ‘I felt… that all my past life had been but a preparation for this hour and for this trial.’ Perhaps it was reasonable of him to contend that the current financial crisis is as dire a threat to the British way of life as Adolf Hitler, perhaps not. But why quibble? The Prime Minister is entitled to his bump in the polls, the new spring in his step: ‘a dour man rejuvenated by the gloom’, according to my Sunday Times colleagues. The nation certainly faces a grave economic threat, and Brown has reason to feel he has risen to the occasion with a plan that might prove every bit as important as his long-ago decision to grant the Bank of England partial independence.

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