Neither Boom Nor Bust

28 01 2009

Part 2 of my white paper on the UK After The Recession, below, shows with the aid of a few graphs that prior to the credit crunch the UK economy was indeed suffering neither from boom nor bust,as Gordon Brown claimed. Later we shall see what the basis was for the growth which took place during the past ten years, why it reversed so quickly into slump and why Brown’s claims to have abolished boom and bust now look so risible.

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