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Finally Gordon Brown admits he did not spot the economic downturn!

Gordon Brown has finally stepped forward, on the day that the UK officially enters recession, to confirm that he did not spot the signs of the ongoing economic downturn. In what is something of a U-turn for the government, Gordon Brown has admitted that the government's wholehearted focus on inflation left the money markets to fester and eventually seize up. However, again he has tried to pass the buck with suggestions that the UK will not emerge from recession until governments in the Far East, America and Europe follow the "UK way".

It seems that even when Gordon Brown admits he has made errors that he is still looking to blame third parties for the current debacle in the UK. Despite repeatedly being questioned by commentators he was not willing to confirm that his boast of "abolishing boom and bust" was dead even though the evidence is set out before us. He also turned his anger on the opposition parties in the Commons with suggestions that David Cameron is looking to make political headway at the expense of the UK economy and the UK population.

The official confirmation that the UK is in recession has blown apart Gordon Brown's economic prowess and economic policies of late. Much like a drowning man grasping for air, Gordon Brown is blaming other parties and effectively passing the buck. If ever there was a time for Gordon Brown to raise his hands and admit to his own failures, today was the day but unfortunately that opportunity seems to have passed by.

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