Britain is in a worse condition now than it was in 1997. Not in terms of material possessions, for we are all wealthier than we were ten years ago. But are we any better off? That's a different question from owning material possessions. Although Labour Party supporters will tell you that Gordon Brown has ran a great economy since taking office, I'll tell them that they inherited pretty damn good conditions from 1993. After leaving the Exchange Rate Mechanism in 1992, our recovery was quick and we have retained inflation of 3.0% and under, with low interest rates, and steady growth. Gordon ...
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