gordondaviesmoustache said:
Please explain to me how running a structural defecit before the financial crisis and after sixteen years of uninterrupted growth and eleven years (at that point) in office is managing the economy in 'good faith' ?
Well Gordon etc
I am not an economist but , like most Finance ministers, according to friends of mine both in France and the US , he was doing pretty much as were theirs
Presumably he felt that in times of ' growth' that the implications of borrowing were not so radical.
Let's be hosest...
did you predict the sub-prime mortgage catastrophe thatdominoed across the world banking sector ????
Ah, the gift of hindsight !!!!!!!!!!!!