Darling Surrenders

Alistair Darling has all but given up trying to keep Britain out of recession, by announcing today in The Times that Britain could be heading for its worst economic downturn for 60 years.

Darling also admitted that he had no idea how serious the credit crunch would become.

This is man who has clearly given up, and who is likely to be out of a job in the next month.

Regrettably the British economy and British voters are stuck with Labour and the disastrous tripartite regulatory system that Brown created for another two years, the damage that Labour will do to the economy in that time is incalculable.

Every Labour government ends in economic failure.

Posted in: Alistair Darling,credit crunch,credit squeeze,economy,labour,recession,treasury