There’s a political challenge, which Alistair Darling has thrown down ... We have to convince them that there isn’t a magic wand that we can [wave to] solve this problem by taxing the rich. The rich are not going to be the solution.
Are you a publisher? Try Daylife's Intelligent Content Services Platform
We need to show the leadership along the lines that Gordon Brown and Alistair Darling are doing in the UK to encourage consumer spending
Gordon Brown and Alistair Darling have rightly been congratulated for helping lead the world's response to the credit crunch. But if we think that we will be rewarded in the long term for that fact alone, we will be making a mistake.
Well, I do not like to disagree with my friend Alistair..(long pause).Darling (which she made sound like an endearment)but as far as we're concerned...we're not certain that when prices go down a VAT reduction is that effective.
Alistair Darling's refusal to make the public sector share the pain of recession by cutting out wasteful spending will cost all of us dearly.
Worryingly, the OECD is offering a more realistic assessment than Alistair Darling of how quickly the economy will recover. The chancellor's prediction that the recession will be over in just 218 days seems wildly optimistic whilst millions struggle to pay their bills ... and businesses continue to go to the wall.