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Results tagged “Brown” from Birmingham Post - Business Blog

Didn't we abolish boom and bust?

By Mohammed M-Hasan on Apr 15, 08 08:37 PM in Economics

I must admit that I am quite tempted to delve into the thousands of pages of Hansard's and dig out the numerous references to the 'abolishment of boom and bust' which were bellowed by our then Chancellor Gordon Brown when he saw off a number of Shadow Chancellors in his heyday.

Those days must seem very far off now. But why are we here?

Is there a recession: No.

Are we suffering from runaway inflation: No.

Has unemployment plagued the nation: No again

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