Is Gordon Brown Banking On An Economic Recovery?
As the news continues to worsen for Gordon Brown there are many market analysts who are wondering exactly what will bring back the Labour voters, what can actually save Gordon Brown. There seems to be a growing consensus that while Labour are in many ways holed below the waterline there is a possible way back. The only really path to recovery is via a recovery in the UK economy in time for what is expected to be a 2010 election.
Interest rates have fallen, but are unlikely to fall any further in the short term, inflation is getting stronger, taxes are crippling the public’s ability to live a comfortable life and general household costs are seemingly increasing each month. If things can get any worse we have yet to see it in the UK.
Gordon Brown built his reputation on sound economic judgement, on an ability to control the economy and an ability to increase the tax take when people would not miss a few pounds a month. The last few weeks have seen that reputation shot to pieces and increased infighting within the Labour Party.
While it would take a great comeback to recover the Labour vote in time for the next general election there are some who believe that Gordon Brown might just be able to pull it off.
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