Some of us facing an economically horrific 2011, might still be wondering how we got into this mess after 13 years of rule by that great economist, towering intellect and pillar of Presbyterian prudence Gordon Liar Brown. So to help, here is a brief guide to Gordonomics:
Step 1. If the government earns 300bn pounds in taxes each year, spend 400bn each year
Step 2. When the government gets into crippling debt, borrow more money
Step 3. Blame everyone else for the ensuing disaster
Step 4. Go back to Step 1 and repeat till you lose an election and your job
Hope this helps. Have a great, if not very prosperous, New Year