Brown's borrow and spend strategy for the forseeable future plays well with half the electorate who have immediate worries about their jobs, and with another fifth who are dependent on the government for work.
He has no real strategy for sorting out the mess long-term, which would instill some confidence back into the economy. That's not surprising as it would mean unravelling a lot of his past work. Anything else he says would be just bollocks, and everyone in the financial world knows it. So we're faced with real-life "hell-in-a-hardcart".
The tories have carte blanche to do what they like because it's not their policies that need unravelling. However, if Cameron mentions the necessary spending cuts and rising taxes, he'll lose the election and we're all f**ked. If he copies Brown, he might get elected but then we're still all f**ked.
So what will Cameron do?
[20 marks]
He has no real strategy for sorting out the mess long-term, which would instill some confidence back into the economy. That's not surprising as it would mean unravelling a lot of his past work. Anything else he says would be just bollocks, and everyone in the financial world knows it. So we're faced with real-life "hell-in-a-hardcart".
The tories have carte blanche to do what they like because it's not their policies that need unravelling. However, if Cameron mentions the necessary spending cuts and rising taxes, he'll lose the election and we're all f**ked. If he copies Brown, he might get elected but then we're still all f**ked.
So what will Cameron do?
[20 marks]
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