08 October 2007

Brown's Economic Wizardry

Now you see it, now you don't!Gordon Brown repeatedly boasts that he was the first chancellor to preside over almost a decade of economic growth. Today, uSwitch.com gives us the figures: a 42% rise in the cost of essential household goods means that disposable income now stands at its lowest level as a proportion of overall income since 1997. Despite a rise in average household incomes, the amount of "disposable" income has dropped 2% and net household income as a proportion of gross household income is down 5% compared with when Gordon Brown took control of British domestic policy.

The closer we look at the Prime Minister's economic record, the less competent he appears as a leader.