The Guardian
George Osborne…dismissed criticism that he lacked judgment in predicting a run on the pound, insisting it was his job to tell “the truth about the British economy”. “My job as shadow chancellor is to tell the British people the truth about the British economy. The truth that it is the worst prepared economy in the world for recession…The truth that we have got the highest personal debt in the world. The truth that the pound has fallen by a record amount against other currencies. I am telling the public the truth and that is the job of elected politicians, particularly opposition politicians, in difficult times.” Osborne added: “We are warning the country that Gordon Brown is abandoning fiscal responsibility and when a government does that it stacks up debt for future generations and stacks up tax rises for future generations as well.” More
Tags: British pound, Collapse, George Osborne, shadow Chancellor
