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Thursday, May 24 2012

It's the economy, stupid

Gordon BrownThe polls opened on May 6 after a phoney election campaign that was more about platitudes than real issues and the ways of solving them.

Business was barely talked about and even the huge deficit that affects everyone - firms and individuals alike - was not properly covered, even in the leaders’ televised debate on the economy.

Prime Minister Gordon Brown thought it was his trump card but it did not seem to play well enough to boost his ratings. He is stuck with what he did as Chancellor such as the raid on pension funds, which have never returned to their former glory, big spending and praising bankers in the good times.

The other main parties did not really delve the issues or come up with meaningful solutions. If either - or both - form the next Government, they will come face to face with reality. There will be plenty of pain for us all whoever is handed the laurels tomorrow, or the next day, or.....

We must just hope that the contagion in Greece does not spread like a cloud of volcanic ash to other European countries with huge deficits. Do they mean us?

Thursday, May 06 2010

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