Friday, October 23, 2009

Where does this leave Labour's claims to be leading the world?

Yet more dire economic news. Perhaps people thought there would be growth in the GDP figures produced today, reflecting the fact the Eurozone has climbed out of recession. Japan is out of recession too. But here in Britain, the figures are still in the negative.

The question is, will we continue to hear Gordon Brown claiming he is leading the world out of recession? The answer is probably yes. After all, Labour cannot do anything other than claim they lead on everything. In the real world, a place totally alien and unknown to Labour, the situation is very different.

Meanwhile, the pound is under pressure following the announcement of the GDP figures. Bloody typical. The pound slides just before I am about to go abroad.
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