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Britain could be heading for its worst economic downturn for 60 years and voters are fed up with Labour because ministers have failed to explain its central mission, Alistair Darling has said.
The normally cautious Chancellor has given by far his most explicit warning both of the problems lying ahead and of the reasons behind Labour’s current plight. Mr Darling’s Pre-Budget Report in the autumn is regarded as crucial to any hope of a Labour recovery, and he has been closely involved in a series of economic rescue packages that will be made public over the next three weeks.
He has been arguing for some time that a struggling economy is the true reason why Gordon Brown is finding it hard to lift Labour from its opinion poll lows, and has clearly decided that frankness with the electorate is the best way of explaining the current difficulties. There have been suggestions that Mr Darling might be moved in an imminent reshuffle, but The Times understands that that is unlikely to happen.
In an interview with The Guardian Mr Darling says that the slowdown will be “more profound and long-lasting” than people had expected.
In the Government’s gravest assessment of the economy, which comes after a warning from a Bank of England policymaker that two million people could be unemployed by Christmas, Mr Darling admits that he had no idea how serious the credit crunch would become.
The Chancellor says that Mr Brown and the Cabinet are partly to blame for Labour’s woes because they have patently failed to explain the party’s central mission to the country. The Chancellor says that the economic troubles faced by Britain and the rest of the world “are arguably the worst they’ve been in 60 years”.
He adds: “I think it’s going to be more profound and long-lasting than people thought. We’ve got our work cut out. This coming 12 months will be the most difficult 12 months the Labour Party has had in a generation. We’ve got to rediscover that zeal which won three elections, and that is a huge problem for us at the moment. People are p***ed off with us.
“We really have to make our minds up; are we ready to try and persuade this country to support us for another term? Because the next 12 months are critical. It’s still there to play for.”
Mr Darling appears to go along with yesterday’s report in The Times when he says there will be no leadership challenge, and he confirms recent suggestions that the reshuffle, if it happens, has been delayed.
“You can’t be chopping and changing people that often,” he says. “At some stage before the end of the Parliament he [Brown] will want to do a reshuffle, but I’m not expecting one imminently. I do not think there will be a reshuffle.”
The Chancellor’s remarks about the economy – during a two-day interview at his family croft on the Isle of Lewis – highlight the nerves at the highest levels of the Government after the loss of Labour’s 25th safest seat in the Glasgow East by-election last month. The Tories are comfortably ahead in the polls.
Mr Darling admits that Mr Brown has struggled to connect with voters. Asked whether Mr Brown can communicate Labour’s mission, he says: “Yes, I do think he can. I do think he will.” Asked why Mr Brown has not done so, Mr Darling falters as he says: “Er, well. Well, it’s always difficult, you know. But Gordon, in September, up to party conference, has got the opportunity to do that. And he will do that. It’s absolutely imperative.”
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Who elected this government? YOU the PEOPLE!, and when the other shower are in power, remember who put them there.
brian keating, agde, france
I'm packing up and going to Australia. Anybody the way?
Graham Cole, London, UK
Bring back Margaret Thatcher. I hear the poor woman is afflicted by a touch of senility. Even in her current state she's probably in better nick than the morons running the UK today. They've already lost their minds!
Graham Cole, london, uK
Britain is so angry..........
Bring on the election, or 'vote of no-confidence' in government.
This nonsense must stop!
Long live 'V for Vendetta'.....
David, Sofia,
Somebody said that all politicians are the same,
But I do not care who is elected in at the next general election (the sooner the better),
So long as this bunch of treacherous traiters are booted out. They have ruined our country forever.
Paul, Coventry, England
What qualifications should I have to become a Prime Minister or Chancellor of UK?
I am stupid, lazy and uneducated. But, I can talk about anything under the SUN. I can lie in the name of promises and plans. I am soo good at them.
Am I qualified?
Uma Shankar, UK,
Worst for 60 years? Oh my God, that must mean that the Yanks have refused us a loan, the country is bankrupt, we are devaluing and there is going to be a cruel winter and a fuel shortage and rationing.
But, never mind, the fundamentals are sound!
Or did he say the fundamentalists are all around?
John, London, SE,
News!! Polytechnic Law Lecturer gives economic advice to Sociology Professor (on advice of PPE students)!
These are just a bunch of 50+ year old people who have had a bit of fun playing around in government in good times.
Anthony, Kew, UK
DAMIEN from Brighton I think someone needs to tell you about reality in England. A large cut in wages that will put ppl on streets. How you suppose to cope when the energy prices are going up 30%, food prices going up 15%, council tax increase around 5% and you want people to take large pay cut.
NMC, Sheffield, UK
Global credit crunch percipated by corrupt greedy Wall Street bankers. Not to worry the Bush administration will bail out their Wall St. friends.
Unfortunately, corruption in the US effects others
Roy, Kamloops, Canada
As we are at last looking at things in there ture light, put up interest rates and stop spending and start saving! About time they came clear!
oliver, Colchester,
Sixty years taking us back to the last Labour administration with a huge majority of course....
Jon, Manchester,
Gordon and Darling, you have sat too long here for any good you have been doing. Depart, I say, and let us have done with you. In the name of God, go!
mg, New York, USA
Three references to 12 months. Does this mean an election in autumn 09?
Paul Walters, Torrington,
Is this man incapable of being positive, he has a huge spin machine full of experts on the subject, why doesnt he use it; And that boss of his his is like a cat frozen in the headlights of an oncoming lorry, he just does not kow which way to go. all that matters is that he just GOES!
James, Southamptom, England
"No more boom and bust!"
Who does that reminf you of?
Edwin, Bucuresti,
Well, hang on one minute everyone. Let's get some perspective - I don't see anything on the magnitude of the problems 60 years ago, or in the 1930's. In fact I don't see anything comparable yet to the last three recessions. By the way, I have £2 to last me two weeks, but I can still see clearly!
Mike, London, UK
Darling is much more intelligent than the PM. Knowing that a demotion is imminent in the October reshuffle he has successfully got his "retaliation in first".
Now he cannot be shuffled into The Abyss without the press and public perceiving ( and stating ) that he has been victimised for frankness
Geoff Peace, Stafford, UK
Sterling will plummet on Monday according to plan ...
Paul, Coventry,
All due, ultimately, to the abolition of the property qualification.
As long as the poor can vote they'll naturally vote for whoever gives them money. Originally the Liberals then Labour.
Unfortunately politics and government are quite different things.
These politicians are simply criminals.
J.Cresswell, Matlock,
Darling has finally admitted what he has been in denial of since becoming chancellor. But the real villain is Brown who has been at the centre of domestic an financial policy for 11 years. His tax, spend and waste policies are ruining the country. Labour are totally useless.
David, Doncaster, England
Downing Street resembles a poultry farm... full of fiscal chickens come home to roost! Brown is to blame.
Jim Khané, Durham, UK
1 thing is clear Labour has to go ASP.
saeed, london,
It's all so much spin
Move over Darling
You've got to give in
Move over Darling
Phillip , Poole, England
There has been a lot of comment about a lady from Alaska who with little experience could become the President of the U.S.A. Goodness me that's like taking an obscure Scottish student with a history degree and making him Chancellor of the Exchequer of a major European economy. Could never happen!
Richard, Newcastle upon Tyne, England
I'm sure that what the Chancellor says is correct. We have all seen it coming. However, I wish that Alistair Darling, Mervyn King and David Blanchflower would just shut up and stop provoking the plummeting of the £. Some of us have to live with and the exchange has gone down 20% in a short time.
Richard, Alicante, Spain
People know exact what Nu Labour are up to. They experience its effects in their daily lives.
The surveillance society , bent laws and bent cops to name but a few.
There should be a law that says once a government sinks to a certain level in the opinion polls an election must be held.
Douglas Maxwell, Richmond, Yorkshire
Now we see the metal of people when the job does not do itself but requires some skill and experience, it weeds out the duffers.
We have already seen some of them go in private business.
Dave Madley, Alicante, Spain
There is very little that the government can do to that will result in a resumption of the credit boom. The credit boom has ended.
Costas, Cyprus,
"A fairly standard house in London has been 'reduced' from £999,000 to £900,000"
Rubbish.
Pierre, London,
Cheer up! We, the UK taxpayers and courtesy of the Labour Party, are the proud sponsors of Newcastle United and they are still in the Premier League.
SH, Leeds,
Who cares what comes comes and life goes on as usual, if I have to sell the car and walk to work so what, I'll lose a few pounds and become more healthy.
This is the difference between an optimist and a pessimist, so learn to look on the bright side regardless of the problem.
billythurso, lincoln, England
"Failed to explain its central mission"! Oh, that's right, silly me, we're only annoyed because we're ignorant of the facts. You had better spend even more of our money on those PR gurus and spin-doctors to help get the message across and "connect with voters". That should solve all the problems.
Chris K, Cheltenham, UK
Did I read some where in these comments about voting labour out and electing the conservatives in because only the later tell the voters the truth.I dont know what planit that person lives on,but Politions of all parties never tell the whole truth because if they do they would never get elected
WILLIAM CREESE, Fareham, U.K.
Re the Chancellor's comments. I have a feeling of Deja Vu. About 30 years ago Mrs Thatcher needed to clear up the mess left by the previous government. Now after eleven years of spend, spend, spend, waste, waste, waste it appears that Prudence divorced Gordon years ago and raided his money box.HELP
P E Parsons, Glasgow, UK
its not just this reccession etc, its everything. Uncontrolled immigration, the EU, having a criminal record for over filling your wheelie bin, spying on the public , the DNA data base , plastic coppers. Lies about the referendum and then no referendum. It goes on and on and on. Get the hell out
charlie-k, manchester, uk
I think he's right on many things, but wrong on one in particular - the reshuffle - he's bound to be the first victim as Brown can't stand dissenters.
No one can deliver us from this mess. There is no cash in the locker and no trust in these uneducated idiots. Bring on the election.
David Nammory, Liverpool,
Oh dear, it takes 9 billion pounds a year just to keep their voters on benefits. We have full employment though....yeh right.
judy, Liverpool, England
So where have Labour been all this time? I guess living in cloud cuckoo land, just like all those other exponents of a service based economy.
Dave, Chorley,
What do we all expect do a google search on all the Labour MP'S that pull mega £££ in pay perks pension and extras and most have never do a real job even M/S J Smith was only a teacher for a couple of years then the home sec.
All MR A Darling has done is LLB and a solictor.
Nothing at all on Finance
Jay, Manchester , uk
"Labour because ministers have failed to explain its central mission, Alistair Darling has said."
Have not explained any 'mission'; left, right or centre! No need for explanation, we get the 'message'. You have to destroy what's left of our society, to build a new one. 'POL POT YEAR ZERO'!
elenap, barnsley, uk
Gordon Brown is about as charasmatic as cold porridge. At least Tony Blair was a competent politician who inspired confidence, whatever the bleeding hearts may feel. If by global crisis you mean we in the west won't be able to overindulge our every whim, then bring it on I say: save the earth!
Charles , Barcleona,
Can we not forget the essential cause of this 'credit crunch' and the economic downturn? We would not be in this mess had the banks of the Western world not played fast and loose, selling spurious 'assets' (e.g. debts they were owed) to make an extra buck?
patrick powell, st breward, united kingdom
What do people really expect from Brown I wonder. Brown has just been putting his theory he had at university that there is nothing wrong with being a paresite and even writing a book on how to freeload and live off the state.
Kenherts, hertford, Hertfordshire
3 years ago I asked a painter finishing a new restaurant what he would do when the money ran out.He said. Panic.! how many experts were asking. They never know what's coming until it hits them in the face, then they blame the nearest scapegoat [Thatcher,Brown].
ged, manchester,
Darling is obviously in denial. The nation's disenchantment have nothing to do with Labour failing to explain their "mission" but rather the VED a.k.a. stealth tax on owners of post-2001 cars that will lose them 9 million voters at the next election.
Dave, Cardiff, Wales
Perhaps now we will drop the phrase credit crunch and replace it with something more suitable !
michael brett, Bishops stortford, UK
In 1993 Kenneth Clarke became chancellor he said (after 14 years of tory rule remember) "....finances are in a mess". Sounds familiar.
He put up taxes introduced VAT on home fuel, abolished tax relief on mortgages and then went on to run a £50 billion deficit.
Spot the difference,,,I can't.
Steve Byrne, Christchurch, UK
How arrogant. So, Labour are unpopular because we don't understand what they're telling us...?
No, we understand just fine - they're unpopular because we don't agree or want it. When will they finally understand us?
Jon, Bournemouth, Dorset
Your 'central mission' is very clear Darling. In 11 years you have closed my A&E, my Police Station, my post Office my hospital. My Council Tax has doubled yet I get fortnightly collections. My town is awash with immigrants who get priority on housing, and also free NHS schooling and benefits.
Roger, Surrey.,
Let's look at the recent Darling/Brown pearls of wisdom: "No there isn't a problem." ... "No there isn't a problem."... "No there isn't a problem." ... "OH MY GOD, IT'S THE BIGGEST PROBLEM WE'VE FACED FOR 60 YEARS!!!"
Hardly gives you much confidence in their ability to run the economy, does it?
Tony , London,
When you destroy productive industries & replace them with vast bureaucracy, pay hundreds of £billions over 13 years to the EU, 95% of which is missing, wage unending wars without payment & undermines the nation. This disaster is the result & Socialism is the problem, it destroys business!
Jas, Alders , UK
Darlings own Dept. is still forecasting 2.5% growth next year!
R James, Clifton, UK
Fact we are only 9 months behing the USA and the USA has more prime bad debts and repo houses than sub prime.
What amounts of this bad debt are UK banks sitting on!!!
Forget a Recession it will be a Depression.
1929 All over again.
Jay, Manchester , uk
Yes, all this and in four years we have to pay for the stupid Olympics. What a waste of money.
charon, axminster, england
could these recent comments from AD sound the death knell for the UK housing market or could this be an elaborate and cunningly devised cabinet plan to rev up the same by scaring vendors out of their reluctance to drop prices now and reactivate what seems to be the core of this countries economy....
Woody, worthing,
My VAT returns are 80 % down !! Take a poll of 1000 businesses, strike an average and compound that throughout the nation and you will quickly discover how bust this country is ! Sack the Government Install firm controlling guidelines on the Banks and implement a regenerative tax cutting Budget NOW
Peter Cosby, Petworth West Sussex,
Has he just realised this? Would seem fairly typical if that's the case with this totally inept government.
Anto, London, England
Just watch GB take more tax payers money, dress it up as his personal loan and salvage package to the UK, and see all the short minded people return to a homage of GB macroeconomic praise.
This is very sad as it never had to happen.
GB had an good opportunity. He simply put himself first.
Paul, London, Canada
The low paid, hard working people of Britain have nothing to thank Labour for, those creaming it off at the top have taken everything. To now find that the country is bankrupt really galls. I don't know anyone who plans to vote Labour ever again despite admissions from their profligate leaders.
judy, Liverpool, England
Even McBrown's most manipulated puppet has now come out with a thinly disguised attack on his master. MCBrown is doomed but the worry is that he has the ability to take the country down the toilet with him.
Its time for a General Election - there is no confidence in this government.
roger Kingston, york,
Its time for a change, we've had ten years of this lot. I say just give the tories a chance, historically they have always had to clean up Labour's mess and got on with it.
Ian, Bristol,
A politician that tells the truth with no spin?
Our crash will so much worse than the U.S. our economy is built on debt ,and the "service" industry.
Cut waste and public expenditure, get 10 million off benefits and slash stealth taxes on everything including fuel-thats the only way out of this .
steve, coventry, uk
John, London
Funny that, I remember my mother saying 10 years ago how Tony Blair reminded her of Ramsay Macdonald. Gullible and so easily impressed with his position.
David, Gloucs,
A fairly standard house in London has been 'reduced' from £999,000 to £900,000. Still completely unaffordable on an average income! What is this rubbish we hear about 'key workers'? Since when does the state determine who is important and who isn't? What needs to be done is so stunningly obvious ...
Chris, London,
dave, how do you suggest using the billions of pounds for the olympics will help keep people in jobs? had it not occurred to you that the olympics itself will provide millions of jobs for people directly and indirectly - offering new opportunities and helping to keep people in existing jobs.
Liz, London,
Ian (London) is right! And Gordon plans to send out robot nannies from his secret bunker, modelled on Harriet Harman, and Tessa Jowell, to invade our lives and check that we aren't doing anything that isn't NuLabour whatever that is! Through the Looking Glass has nothing on this lot!
Paul Freeman, London, England
Gordon Brown runs for cover, a very importent overseas missions , when he is in difficullty in the UK. Not long ago he proclaimed "The economy is safe in my hands". Sadly he has no backbone whilst his predessor was of similar skeletal structure would twist and squirm his way out of situations.
Romāns Sēja, Billesdon, UK
It's not ideal is it? world problems are causing this, spain, ireland ,UK all in a bad way...BUT... the Tories, will massacre this country if they get in, they sold off everything to give to the rich, that's why we're paying through the nose for energy, water, DON'T VOTE THE TORIES IN... PLEASE!
ANTP, Lancs, UK
This is the first thing I've heard out of the Labour mouths that I have actually respected. Nothing here is news to the voter and the average intelligenced man on the street, it's just seemed as though everybody in Parliament has had a head where the sun don't shine. Just don't fix it by borrowing!
Alistair Kipling, Birmingham,
The first step in problem solving is to recognise and understand the problem. The Chancellor has done this! Meanwhile Mr Brown pretends everything is OK and ignores our concerns.
If everybody else was this honest (bankers,politicians,estate agents,etc) the UK would be in a far better position.
John, London, UK
All you critics fail to understand that the alternative with the tories will result in a much more severe situation for the ordinary people than what labour will offer. One day soon you all will know what their policies are and it will be back to looking after those who already have plenty
NUNLEY, Rushden, England
Good job today Darling. You've just made every home owner in the UK feel 100 times worse. Aren't you on our side??
ps. glad to see there's enough money to be doing external works to number 10 and number 11 Downing Street. As long as you're ok......
David, London, uk
At last - an honest politician. We can only hope he will start a trend which others will follow. Perhaps we can then get rid of all the spin and political correctness and get on with making the UK a better place for all of us.
Kevin , Doncaster, UK
60 years ago I seem to remember surviving on a diet of dumplings and 'who knows what'. I do rather hope that Mr Darling is wrong but, in light of all that has transpired over the past ten years, he is probably dead right. Thanks, Mr Brown, for your efforts in putting the last nail in the coffin.
Jeff , Lincoln,
now, I wonder what id he really up to? Ismell a rat. methinks this is the beginnings of thefirst onslaught on Bruin
peter c, Devizes, Wessex
The result of 10 years debt fuelled growth.
Artifically low intrest rates encouraged the banks to go on a lending spree the like of which we have never seen in history.
Bliar and brown rode the wave of the feel good factor without putting anything aside and selling half of our gold reserves.
bob, havant, uk
Anyone else remember all the mistakes Brown made as chancellor? And now he's the prime minister reaping the rewards of his fiscal mismanagement.
Luke, Edinburgh,
These slumps co0me and go. I have now lived through three of them and yet the same old same old seems to cause this. Why dont we learn ?
Stephen Soos, leicester, UK
Labour's party has popped its last champagne cork and no amount of disingenuous truth telling that the hangover is going to be grim will save them .
Time to move over, Darling....
robin, horsham, UK
This is so precious! The reason people won't vote for you is because you haven't explained what you are up to? Well you had 11 years! Isn't that enough? The real reason people withdrew support is because they know that your "explaining" is simply a smoke screen! They know exactly what you are up to!
John Morgan, Old Stratford, United Kingdom
And the conservatives are going to repair the global economic crisis how? By screwing the public sector and the most vulnerable people in society. The economic situation in this country goes beyond Labour's mismanagement. I'm more concerned about labour's complete disregard for our civil liberties.
Jarvis, norwich,
Did he mean that UK economy will be 'Sick' for next 60 years and die one fine morning!!!??????
Uma Shankar, UK,
What central mission?
Kate, Vienna,
No one cares about Labour's mission, we all know it's to get re-elected. What people care about is financial mis-management, a slew of ridiculous decisions, the governments raping of the housing market by creating HIPs and incompetent management that would see anyone else sacked. Get out, cretins.
Ross, Ripon, UK
Brown's economy was built on a Ponzi scheme and as in the 'Emperor has no clothes on' important people kept 'mum'. Now Darling hasn't.
Interest rates should be raised to protect Sterling, Benefits cut and people take a large cut in wages & living standards to squeeze inflation out of the system.
Damian, Brighton, UK
Unless they do something to help the Morgage availabilty situation , we could have a "domino " effect and have terrible consequences.
If Companies as big as Barrett should fail ,it will not be easy to replace their expertise etc ,
I AM VERY CONCERNED FOR THE OUTLOOK . TIME IS OF THE ESSENCE--
M.fITZGERALD, Hertford,
The economy and the state of the markets is based in large part on confidence. I think the frank opinions of the Chancellor is actually damaging and could even be self fulfilling. Maybe the Chancellor should think of the Country before himself and the Labour party.
Charles Carr-Jones, London, UK
Is he really saying that the current crisis is worse than the 1970s when inflation was 25%+ and the Government had to go to the IMF for a bail-out?
Geoff, Oxford,
If the public are to be punished for wrongdoing like overfilling their bin,what,s the punishment for destroying our country and the deaths of thousands due to the direct consequence of government policy.
According to ZANULabour its an increase in their wages. "damn them to hell"
H E Torrance, London, Blighty
'...voters are fed up with Labour because ministers have failed to explain its central mission..'
So, in Darling's view, I and everyone else will be much happier with our ever rising tax and utility bills providing Labour better explains 'its mission'? Is that it?
m collins, Leeds,
Labour has gone from saying that the days of boom & bust were over to now talking about a deep oncomong bust which has been primarily caused by the global economy that was promoted by their ex-leader Mr Blair!
Matt, Naples, IT
The British economy will be on life support soon unless early elections finally relieve the country from the socialist pain inflicted upon it by New Labour, and compounded by what is clearly an unfolding global economic crisis.
Peter , Geneva, Switzerland
Its not Labour's fault, its the public for having put them in power. Labours faulty approach, excessive spin, and self-serving attitude have been apparent for many years, yet the public waits for an economic crisis to wake up. Remember the Gordon bounce, who thought he was a good idea then?
manav, London, UK
The last time there was a slump of this magnitude was in the 1930s. What happened after that was World War II. Considering the failed social experiment called multiculturalism conducted by this Government and the problems we now face internally, I think that episode III is on the cards!
Teresa, Norfolk, UK
well gordon, you boomed and now you have bust, please go!
James, Southamptom, England
Tax and Spend, billions chucked down the drain on bureaucracy, aslyum seekers (I have an ex- Policemen friend who escorts aslyum seekers to their expensive lawyers at a cost of £70 an hour), MP's salaries and pensions.
We are bankrupt and the government are hell bent onspending more! go now please
Paul, great dunmow, England
Obama, in his acceptance speech said "we are going to lower the taxes of 95% of the middle class" - Yes, I know i'ts pure rhetoric but come on McBroon -'you know it makes sense'.
Victor M, Cricklewood, London, England
He says, " A slump, the worst for 60 years." Sixty years ago we had post war Britain with all its shortages and ration cards!
What is he really trying to tell us?
Mike O Connor, Plymouth,
All the last Chancellors fault. He made no provision for a downturn in our economy.
When he had the chance to put a bit away for a rainy day, what did he do.
Blair is no better, he has to share this cock-up. He should be brought too book as well.
Get out "Brown" take the cronies with you.
Peter , Stoke upon Trent., Staffordshire
Well done Chancellor - it is negative statements like the above that talk the the economy down and of course the value of Stirling as well.
Nothing like giving a "lets all pull together to get us out of this mess" type statement.
P Barrett, Valletta, Malta
The recession is one of those periodic and predictable big ones caused by the interaction between the land market and the banking system. There is a positive feedback loop in the system which results in a cycle of about 18 years. But none of the parties would do better as they dont understand this.
Henry Law, Gothenberg, Sweden
Perhaps New Labour will begin to understand that by constantly increasing taxes for no good purpose long term damage is done to the economy. This is a gradual process as individuals and companies make their own decisions in response to the growing tax burden. Brown and Bliar were failures.
Peter Tomkinson, Reading, Great Britain
It's obviously Darling attacking Gordon Brown.
michael clarke, high wycombe, uk
Darling's inability to manage such a crisis and the collective dithering of village iditos at Downing Street may indeed have made matters worse; I am furious with Darling's unwise and incredibly damaging statements made by a senior political figure. There are ways to put things across. He must go!
DT, London, Surrey
"Are we ready to try and persuade this country to support us for another term? Because the next 12 months are critical. Its still there to play for".
Typical New Labour. Never mind that we have ruined the country, How do we get re-elected.
Jim, Bicknoller,
60 years ago was just after WW2, so it's not surprising the economy was in turmoil.
This time it's just the result of greedy bankers being allowed to enrich themselves by taking stupid risks with our money, exacerbated by an incompetent tax-and-spend Government. It could so easily have been avoided.
Chris K, Cheltenham, UK
Much as I dislike the Labour Government, I appreciate Darlings honesty. Unfortunately the cynic in me says spin, smoke and mirrors to woo the general public back. Hmmm did I really nearly fall for that one ? What a legacy eh ? Can't believe a word they say.
Sid, Stoke on Trent, UK
Please don't vote for these fools that are runing our nation into the ground
That minster who said that there will be no more money for the olympics,i do not think she could have put it in a more negative way
and now this thing, explaining our economy like a kid in the playground
Makes me sad.
John Humphray, St.Helens, United Kingdom
Darling explains that he and the cabinet are 'partly to blame' "... because they have patently failed to explain..." Everyone recognises this as being shorthand for 'The public are just too stupid to understand how wonderful we really are'! Who else are we to blame after all these years of NuLabor?
S. Barraclough, Huddersfield, Yorkshire W. R.
Read GBrown's 'Masterplan To Change The World' given in JAN 2007. All plan by the MIGS, (Men In Grey Suits).
john, colchester, uk
Labour's central mission is to build a nanny state which Gordon Brown can control with levers, dials and switches from his secret bunker deep below the basement of 10 Downing Street.
Ian, London, UK
As usual.... he makes it sound like a game of simply winning votes....How about the occasional mention of what people actually care about...... their safety, their wellbeing, their families and their futures..... and protect their pasts... and keep us free from religious/racial invasion.Common sense
Tony, Croydon, England
Time to boycott the olympics and use the billions of pounds to keep people in jobs and in there houses.
Dave G, Luton,
Gordon Browns mantra on assuming the position of Chancellor of the Exchequer was "no more boom and bust" and "we will exercise financial prudence". When the Labour came to power the economy was not bust far from it. It was handed over in good condition.Now wrecked! Con merchant.
J Moore, Ringwood, UK
Every Labour Government ends in failure. When will the public learn from history? Being elected doesn't make you competent in anything!
Rod Garr, Miami, USA
Does anyone doubt that the Blair-Bush marriage ranks first among stupid political alliances?
Spencer Tillis, Uxbridge,
It's funny how history repeats itself. The last Labour government that was as unpopular as this one was Ramsay Macdonald's in 1929, which presided over one of the worst depressions to hit Britain. Like the present PM he was also Scottish, too.
John , London, England
Failed to explain.....? That's what the tories were saying all through the 80s. It means 'We're right but you dummies have failed to understand'. Think again Dahling!!
John Ledbury, Kings Lynn, England
This Recession/Depression Cares not who is in power it is not Labor's fault this is a world depression and the Conservative's do not have the answer either. This problem was caused by George W Bush and his Neo Cons Karl Rove etc, They have looted the Earth. Now we must pay.
Peter , Vancouver BC., Canada
Google search Richard W. Fisher Storms on the Horizon
Britain is hand in hand with america .. if they didn't know about this 3 monthes ago, I'll eat my hat.
This is going to be SO much worse than we are being told.
Hey people, I'd be scared, really scared. It's not going to be
good.
Mssion, Coventry, uk
The worst in 60 years! I was 14 years old and it was 1948. The UK has so many able people that is a real tragedy that we have had an incompetent badly educated Labour government, Tony Blair knew this and left as soon as he could (clever!) and Gordon Brown has left us with the cupboard bare.
Brian Lewis, Manila, Philippines
Worst in 60 years? Surely you mean worst since the last Labour Government!
Ian Jones, Tokyo, Japan
Labours central mission is tax, tax, tax and create beaurcratic waste. They sold themselves as being prudent and strong mangers of the economy yet did not and still do understand how their policies are hurting people & companies making us less competitive in the global market. We continue to suffer
steve tea, manchester, cheshire
We are not fed up with Labour because they cannot explain their mission, we are fed up because they are useless at everything they do and just get on getting worse.
Jon C, London,
I need my taxes lowered and I need to have the government stop wasting money on meaningless stuff and pay attention to real economic issues. If I was asked what their mission is- it's to take my money and then tell me what rules to follow, and fund an army of busybodies to take "my life" away.
phil, Headley, UK
Sounds like a marginally premature resignation speech to me. Whatever it is, it's boxed in Brown permanently. He's moribund in his bunker, spraying around phantom billions (or is that policies, or even 'talents') but can alter nothing.
Have you seen 'Downfall', by the way? I recommend it. Telling
Jono, Carmarthen, Wales