Talk:Chancellorship of Gordon Brown

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Untitled

I think this article is a good idea as it allows for the removal of what some people might see as 'irrelevant stuff' ie. chancellor infrmation from the main Gordon Brown MP article as im sure as the weeks progress more infrmation will become available regarding to his reign as PM (Prime Minister) and as noted the article is already long enough.

Policy on borrowing

Perhaps the article should mention the following rules (From the Daily Telegraph)

It was in this spirit that the then Chancellor, after moving into Number 11 in 1997, set about creating his fiscal rules. With memories of the booming years of the 1980s, and the subsequent crash of 1992 still very fresh in the mind, the aim was, in his words, to eliminate boom and bust.

Two rules have since become the centrepiece of Labour's economic policy. The first - the so-called "golden rule" - states that over the course of the economic cycle, the Government must only borrow to invest in major infrastructure projects such as building new roads or hospitals. Any borrowing to pay for day-to-day spending, on civil servants' salaries, for instance, must always be paid back.

pgr94 (talk) 01:15, 19 May 2010 (UTC)[reply]

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