Thursday, 8 January 2009

Darling Brown Gets The Prophesy Wrong

Firstly - no, I am not trying to get familiar with Gordon - heaven forbid!

From the TelegraphOnLine we have the headline "Bank of England's rate cut will fail to help, warn experts" and yesterday we had our exalted Chancellor of the Exchequer (aka Brown's Mouthpiece) admitting that the projections about this country coming out of recession were a tad optimistic.

Perhaps they should both have read this. Mark Wadsworth confirms that it seems a perfectly reasonable and fair summary and that the figures all 'stack up'.




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