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You cannot spend your way out of a recession or borrow your way out of debt. And when you repeat, in that wooden and perfunctory way, that our situation is better than others, that we are well placed to weather the storm, I have to tell you, you sound like a Brezhnev era apparatchik giving the party line. You know, and we know, and you know that we know that it's nonsense. Everyone knows that Britain is worse off than any other country as we go into these hard times. The IMF has said so. The European Commission has said so. The markets have said so, which is why our currency has devalued by thirty percent. And soon, the voters too will get their chance to say so. They can see what the markets have already seen: that you are the devalued Prime Minister of a devalued Government
--
Speech to Gordon Brown in the European Parliament, March 24th, 2009

 

Daniel Hannan

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