there is a report out today which should finally bury Gordon Brown and Labour.
It does not say anything new that you will not have read here over the past 4 years, but nonrtheless adds academic rigour to its judgement. And that judgement is that Labour's frankly insane policy of running a budget deficit at the top of the economic cycle has made the recession far worse than it should have been.
Not only has the spending caused the recession to be worse, but of course it will last for much longer, as we are all taxed to death (and beyond) to try to pay back the money we have borrowed. The Tories were spot on in their economic analysis of 2 years ago, you cannot borrow your way out of a borrowing crisis.
I desperately hope this report focus' the election campaign back on the economy. The lack of details and lies told by all the parties is shocking. They all denounce each other whilst not addressing the gaping hole in the finances. Any company run this way would be in insolvency within a few months - the real truth is the UK risks the same.
ITV shows the X-factor but the company has been in dire straits for a long time, UK politics may like the X-Factor approach but its finances and business model issues are more like ITV.