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The man for the ‘nasties’?
AS Gordon Brown continues his fightback
against the tide of doubt over his suitability
as Prime Minister, it is not surprising
that he has returned to what he
knows best and where he feels most comfortable
- the management of the
economy.
After redressing the balance over the
10p tax rate fiasco, then wooing voters
with his draft Queen's Speech package, Mr
Brown went on the offensive with a round
of interviews yesterday, insisting that he
was the man to guide Britain through the
current economic downturn.
Before his relatively brief tenure as
Prime Minister hit the rocks, Mr Brown
had a rock-solid worldwide reputation as
a master Chancellor. He was an extremely
safe pair of hands.
There is now no doubt that we are in for
seriously troubled economic times. Anxiety
is growing by the day and we should
all hope that Mr Brown's experience as
Chancellor helps to make the difference.
But no one - not least Mr Brown - should
underestimate the fact that the challenges
facing the economy are very different
to anything we have seen over the
past ten years - "the nice decade" as the
Governor of the Bank of England Mervyn
King described it.
Mr Brown earned a glowing reputation
as Chancellor during the nice decade. But
with so many inflationary factors, notably
oil and food prices, out of his direct control,
the big question is whether he can cut
the mustard during the nasty period.
It is in all our interests to wish him well.
8:26am Friday 16th May 2008
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