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Thursday, 2nd April 2009

Is this Brown's new 'PBR moment'?

James Forsyth 7:11pm

In the PBR, the government predicted that the British economy would start growing again by the third quarter of this year. Brown and Darling have both subsequently tried to put some wiggle room into this pledge, which now they seem almost certain to fail to meet. I wonder if this prediction from Brown today, reported by the Washington Post, will come back to haunt him in the same way:

"Together, these actions give us confidence that the global economy can return to trend growth even faster than the International Monetary Fund is predicting," Brown said.
The IMF is predicting that the global economy will start growing again in 2010. It is certainly a better bet that the global economy will start to grow again this year than the British one, but there are still a fair few economists who think that that won’t be the case.

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The Bellman

April 2nd, 2009 7:37pm Report this comment

I've just heard Lord Mandelson on C4 news saying he wants to "de-stigmatise" going to the IMF. Anyone else get the feeling that there is something of an ulterior motive at play?

SyephenDC

April 2nd, 2009 7:43pm Report this comment

To be fair to the guy today is a triumph for brown. So frequently written off by his detractors, is there anyone in British politics more accomplished at the art of the set piece?

Win or lose the next election his favourable place in history is now pretty much assured.

Remarkable!

Rex Burr

April 2nd, 2009 8:13pm Report this comment

Sorry, I don't understand the last paragraph in relation to the rest.

Lovett

April 2nd, 2009 11:14pm Report this comment

Mandelson said the same on Newsnight.....are we being prepared for something!!

Hyeteria

April 3rd, 2009 2:12am Report this comment

the worst is over - we're saved !!! Brown calls snap election for June !!!

Fergus Pickering

April 3rd, 2009 4:40am Report this comment

Brown's 'favourable place in History is now assured'? For doing what? Brown is surely the worst Prime Minister we have ever had.

want my country back

April 3rd, 2009 5:34am Report this comment

l think the G20 prove's which eye Brown views this Country.

Bembridge Boy

April 3rd, 2009 6:11am Report this comment

It all reminds me of the late sixties, devaluation, the pound in your pocket not being worth less etc etc, smoke and mirrors...

Jeff Todd

April 3rd, 2009 11:28am Report this comment

"Brown's 'favourable place in History is now assured'? "

Yeah, for all the wrong reasons - probably the worst Chancelleor/PM that has ever sat in Downing Street

diane kane

April 5th, 2009 12:34am Report this comment

it does remind you of the sixties,the flower children,pot,money not worth its weight in gold.these are bad times,and i think it will get worst,before it gets better.

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