Gamble Of Their Lives

Nov 23 2008

GORDON Brown and Alistair Darling are taking the gamble of their careers by putting a £100billion chip down on our futures.

By slashing taxes and increasing public spending, they are betting the house on saving the economy from flatlining.

It may look reckless to some but it's a calculated risk.

They know our jobs, businesses and homes are all under threat and bold measures are needed.

Every day 1000 people lose their jobs as the world slides towards a dreaded depression.

Unemployment has hit an11-year high of 1.82 million and could be near three million by 2010.

Around 45,000 homes could be repossessed by the year's end.

Brown and Darling hope tax cuts and more spending will rescue businesses, curb job losses and boost consumer spending.

Prudence used to be Gordon Brown's watch word and he had his golden rules for public borrowing.

But if no one else is spending, the Government must do so to revive the economy and boost confidence.

Brown used to be accused of indecision. But he isn't prepared to sit on his hands and let the recession take its course.

Sneering Tories accuse him of planning a borrowing binge.

But we all remember their inept handling of the economy.

Of course, there will be a bill to settle and the thud when it lands will be felt in every home.

But bold action is needed now.

We should all be keeping our fingers crossed their big gamble pays off.