but he presided over some of the best financial times this country has ever seen
how can history be rewritten so quickly??
ehh, could it be because of the complete relaxation of financial relaxation that allowed the banks to so completely over capitalise that when one started to look shakey the country was facing a complete and utter shambles. the good work may have been started by lawson and lamont, but brown was chancellor long enough to have tightened the regulations. he didn't because the banks and building societiees were lending money they didn't have fuelling a house price inflation spiral that made anyone with a garden shed think they were a millionaire.
remind me what happened next? oh yeah, RBS collapse costing the taxpayer £23BILLION, and that's only one. the car industry would be bad shape if we had one, but we don't because our government would rather we had an "invisible money" industry rather than an economy based on actuakky making real things to sell. people losing jobs, factory closing and home owners finding out that their garden sheds were overvalued by £99,999,910. banks have closed up so tightly that it's now difficult to get a loan, damaging businesses who are trying to sort out cash flow problems, so administration is now a regular feature of peopl's lives. and now we have the expenses carry on. again, not brown's fault per se, it's been going on for a while, but has he done anything about it? nope, not till some fingers are caught in the till.
and none of this is the fault of the man who'se been running first the economy, now the country?
he was an idiot to say he'd ended boom and bust
no, if he believed it, he was right to say it. that he believed it (still does maybe?) shows how utterly misguided, delusional and incompetent he really is.