Tim Montgomerie has an absolute must-read up on what the Tories are thinking about the current economic crisis and its impact on the political situation. Tim reports that the Tories believe that Brown’s weakness is that while he might have rescued the banks he has not rescued the real economy. The Tories are confident that they can present themselves as the party that can sort out the real economy.
Tim notes that the Tories are relatively relaxed about being out of the news. I think this is sensible of them. Gordon Brown wants the Tories to either be echoing him or rubbishing his plans. If they do the former he’ll portray himself as the man able to lead this country through the storm while if they do the later he’ll accuse them of opportunism, playing politics and probably even try and blame them for any drop in the FTSE. Instead, the Tories should continue with their holding strategy of attacking Brown for his unseemly triumphalism before giving him both barrels once the crisis phase has passed.
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