Thursday, January 1, 2009

Brown Says ‘Energetic’ Government Will Help U.K. in Recession


Criticism of Gordon Brown's economic plan continue. From Bloomberg-

Earlier this week, Conservative leader David Cameron and five Anglican bishops, who hold seats in the House of Lords, said Brown’s decision to lift government borrowing was immoral and risked long-term damage to the economy.

Neil McCulloch, the bishop of Manchester, told the Sunday Telegraph the Labour government was “beguiled by money” and “morally corrupt” for encouraging a surge in debt. Brown rejected those criticisms.

“We will eventually look back on the winter of 2008 and 2009 as another great global challenge that was thrown Britain’s way, and that Britain met,” Brown said. “We had the right values, the right policies, the right character to meet them.”

http://www.bloomberg.com/apps/news?pid=20601087&sid=auOS_aQc35rs&refer=home

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