Machiavelli
Well-known member
Hang on.
Was that the same overlevered business friendly economy that went to shit during the GFC? The one driven by unnecessarily low rates which spawned a huge amount of PE takeovers and too much debt? Blair did well to get out of that just in time, although you could argue Brown was responsible under Blair's watch, and why wouldn't Tony let Gordon hang himself out to dry? And that comment about Iraq is just weak. Bush wants me to invade Russia, think I better had.....
History is not judging Blair as well as your post. Few rose tinted spectacles there.
Yes, I raised an eyebrow to that comment about the economy from [MENTION=232]Simster[/MENTION]. Sure, it was a global financial crisis that led on to a series of economic crises around the world, but we were hit harder because we were more exposed to the financial sector, who were lauded as Masters of the Universe by Blair, and all and sundry. That said, the growth rates over the 13 years of New Labour were far better than the subsequent decade under the Tories (and that's before CV19 is factored in), yet you'll find precious few that can register that (and they'll all laud Osborne for his wonderful austerity drive).
I think you're right on Brown. I can remember him saying when CoE that there are two sorts of Chancellors: those that fail, and those that get out in time. He illustrated that there were actually three: those that get out in time but become PM.