2007/ 08 and all that
The parliamentary year ends today and so does blogging until we resume our sittings.
A year ago, Gordon Brown was riding high and indeed it looked as if we were heading towards a General Election. How unimaginably have things changed.
His reputation as a skilful manager of the British economy is now in ruins, and endless U-turns are a regular feature of political life. He had come to believe his own propaganda, that somehow he had extinguished the economic cycle. We now know that the edifice he created was a Potemkin village. Far from being a frugal Presbyterian he has reduced savings to a post-war low as people struggle to make ends meet with higher prices and higher taxation. He is more like Lady Docker or Leona Helmsley in the spending stakes, and at least it was their money.
Have a brilliant summer. The last year has been one of the most exhilarating in post war British history and there is surely more to come.