Most Amusing

Gordon Brown\’s strict fiscal rules on borrowing are likely to be ditched as a result of the credit crisis, the Treasury has confirmed.

Isn\’t that funny? This "borrowing over the cycle" business gets dumped the first moment the cycle turns against him.

Of course, it\’s sensible not to hamstring yourself like that in times of turmoil….it\’s just that the promise itself in the first place was valueless.

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