It is petty of Cameron to oppose Brown's IMF bid
The possibility of an ex-prime minister leading the IMF should be welcomed.
By David Blanchflower Published 19 April 2011 14:06
There is a long tradition in the United States of presidents putting party politics aside in order to work with ex-presidents. President Clinton, a Democrat, has worked with presidents George H and George W Bush, who are both Republicans, of course, on a variety of projects around the world. Carter, another Democrat, has been a roaming ambassador for years. Statesmen put party politics aside for the good of the nation. But not David Cameron.
Asked whether the coalition would veto a possible appointment of Gordon Brown to the IMF in a BBC radio interview, Mr Cameron indicated he might. He said: "If you have someone who didn't think we had a debt problem in the UK when we self-evidently do have a debt problem, then they might not be the most appropriate person to work out whether other countries around the world have debt and deficit problems."
This is not what a statesman would say. This is the behavior of a petty, narrow-minded, vindictive person who is putting his and his party's interests ahead of the nation's. The possibility of having an ex-prime minister leading a major international agency would be good for Britain. Would it be better to have someone from another country such as Brazil or Somalia in the role? I think not. Put your petty differences aside.
I listened to Gordon Brown's speech at Breton Woods the other day and he had a vision for the global economy, arguing that this is the first great crisis of globalisation. Hence we need global solutions. No deficit denier, he. Cameron, of course, has zero background or training in economics and it shows.
All this suggests is that Cameron is thin-skinned and can't take criticism, as is becoming increasingly apparent at PMQs. It also suggests that Dave is rather worried about his economic policy failing -- and so he should be. We should expect better from our Prime Minister. He is increasingly sounding like a lightweight.
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69 comments
Dan Hannan's critique still merits another viewing in relation to this discussion:
http://www.youtube.com/watch?v=94lW6Y4tBXs
What an utter load of rubbish. Cameron is quite right and I am sure in line with most sensible British citizens in wanting to keep Brown as far away from any economic decision making ever again as is humanly possible.
This man has done more damage to the UK than any other single person since WW2. The mess we are now in is very largely down to his ridiculous policies whilst Chancellor - with a
complete lack of interest in even balancing a budget when things were going well; selling off our gold at comical levels; creating toothless banking regulation and oversight; throwing money at public services but never demanding accountability...I could go on for hours.
If you want an ex-PM in charge how about John Howard (or Costello, his Treasurer)? They managed to run an economy through the good times with consistent budget surpluses, zero Government debt, sensible/effective banking regulation and less than 5% unemployment. They sound a little more qualified to me.
@David Daly.
How many times? There was a global economic recession. 'This' is what nearly bankrupted Britain along with many other countries not Gordon Brown!. Gordon Brown prevented us from slipping into a depression, by pumping money into the economy.
May 2010 saw the economy growing and borrowing falling and then came the Tories, oh dear, oh dear, oh dear!
Cameron has been talking our country down ever since he got in power and has been using Gordon Brown to cover his own 'grossly incompetent' tracks.
The figures show that Cameron and co have got it so wrong and are becoming increasingly isolated in the world.
Can't wait to see Brown laying into Osbornes' suicidal economic policies.
Cameron may be right when he says, 'the position requires someone who recognises a debt problem,' so in that case he can't be referring to Brown, because Brown does.
Surely this renders Cameron's reason to veto, invalid, as it is not true.
Just lying about someone, is not a good enough reason to veto.
Cameron is absolutely right; appointing Brown to the IMF would be the ultimate insult to the British people who will be left paying back the debt he landed us with for the next 3 generations, at least.
He would be as good an ambassador for the UK as the ridiculous and hopeless Baroness Ashton he nominated to become EU Foreign Panjandram.
Brown should do the job he is being paid for: Constituency MP for Kirkaldy and their representative in Parliament. In his spare time he can do the charity work he blathered on about.
"May 2010 saw the economy growing and borrowing falling"
Factually incorrect I'm afraid. Borrowing was still rising rapidly, albeit not as bad as the Treasury's worse case scenario.
Seeing as Osborne's economic policies meet with the approval of the IMF, OECD, CBI and most professional economists outside of a few leftwing academics you are being disingenuous claiming the coalition is becoming isolated.
@Pat
Shouting doesn't make for a point, rather leads to bar room brawls. The New Statesmen doesn't do a happy hour as far as I understand.
With regard to the moving of debt from public to private, it was Gordon Brown and the Labour Party that shifted so much debt under the carpet (off balance sheet through PFI)...the problem is, its bulges...and you still need to pay it off.
Gordon Brown and his Labour cronies are in the best place, opposition, and hopefully for another couple of decades.
Gordon Brown's only prescient economic judgement was on global regulation, but he failed to advance his agenda. If he had succeeded I would be praising him half heartedly.
His economic mistakes are numerous - stealth taxes, tax distortions including the scrapping of the 10p tax rate, income inequality increase, rise in public sector jobs (far too fast), decline in UK manufacturing jobs and lack of reform of the UK's oligopolistic fiancial system. And what about Brown's gunshot marrige of Lloyds with HBOS which destroyed the former? The list goes on.
Since Brown never managed UK plc with any wisdom, he should not be put forward for the top IMF job, but for some time in Wandsworth prison.
Prof Blanchflower, when are you going to stop being a spokesman for Gordon Brown / Ed Balls and start being even a little bit objective?
Gordon Brown spent years wrecking the British economy. Why would anyone want to put him in charge of an international organisation responsible for financial stability?
imf should be erased not encouraged
no matter who leads it
brown and cameron both showed clearly enough what they are made of
However I might disagree with other things Cameron espouses, on this I am in complete agreement. Brown's track record alone disqualify him for the role. Other, unkinder souls may play the man -- but once you play his record in office, the impossibility of his appointment is crystal clear. It would devalue the IMF. It is not The House of Lords, and its head needs the nous and sophistication to tackle a much broader global agenda.
"Cameron, of course, has zero background or training in economics and it shows".
Errmm, hang on one second. Cameron studied economics as part of his PPE degree at Oxford, whilst also working under Norman Lamont during his time as Chancellor. Brown, on the other hand, did not study economics and university, and never had "training" as such, but rather had to learn as he went along at the Treasury.
The Audacity of Brown is beyond comprehension.
As my friends at NYU say , what are we supposed to do
with this loser who we have to find gainful employment
T.
Brown did more damage to the UK than any other person
apart from Hitler in the last 100 years .
FSA and deregulation = Economic crisis
Meddling in the NHS =20 Billion wasted
PFI = More economic misery that will hinder
the country for decades.
He treated the Armed Forces with utter contempt
while locking us into a disastrous carrier programme we can't
afford thereby depriving the military of much needed
funds to help is Socialist buddies.
He is like a tinpot general who starts a war losses it , hides in
His bunker for the duration then demands a pension
at the end.
A disgrace of a politician who masks his
cold heart in spin about his commitment to Social Justice.
Go away please.
Cameron "is increasingly sounding like a lightweight".
Because this is exactly what he is, not only is he a lightweight he is an incompetent vindictive lightweight and an odious 'orrible little man!
Any economist would have told you that there are peaks and troughs, whenever there is boom theres bound to be a dip but how well you can deal with the 'bust' is the key to successful economy.
http://www.microwaveovensreviews.net/
Conservatives are petty minded by nature.
The first Osborne budget has required the government to borrow an extra £44 Billion over the next four years.
Clegg was bragging not so long ago deficits would be erased over the life of the parliament, because of Osborne, that's never going to happen.
Another viewpoint on the opposite side to you own:
http://blogs.reuters.com/felix-salmon/2011/04/19/why-gordon-brown-cant-r...
This is a good strong decision. Blair and Brown have become irrelevant in the world.
We need to restore pride in our country with good strong housekeeping. And yes it will be painful but so were the 80's.
Thank god the New Labour free for all is well and truly over.
Those of us that work and employ people can now create some real value and not growth by handouts.
History will mark the last government as the worst ever for so many reasons.
The Tories have spent almost a year trying to toxify the Labour brand.
Brown appointed head of the IMF would be dreadful for them politically.
This is about politics and not capability. Sadly.
I can see that his appointment would be blocked by Osborne. And with a compliant press it won't make page 7.
Is this politics or corruption?
(ok, so it's a strawman argument).
Gordon did some good things like make the bank of England independent, so he started of well. He was even clever enough to devise the golden rules, but then he started to believe his own hype.
He thought he solved boom and bust for good and therefore the goal posts of the golden rules were continuously moved, even worse this was precisely the time booming tax receipts from enjoyed from buoyant property and finance sectors createdva feel good factor. Had he a wise set of shoulders he would have known that there is an economic cycle with ups and down and ran a budget surplus over some of those years when some smart economists were warning of the debt building into the economy from 2003 onwards.
Awfully decent type! Not old school tie or Oxbridge calibre, unfortunately. No trust fund either! Dashed shame!
No Competition Policy
Hey Danny,
Next time you are on Newsnight please mention that the negative real yields on U.K. government debt imply that the markets see the U.K. as a safe-haven and not as the next PIG (Portugal, Ireland, Greece).
Comparing the U.K. -- which can borrow short-term at negative real yields -- to Portugal which is borrowing at a 10% real yield is just such complete madness.
@David Blanchflower
Before 2008, the last government borrowed £350Bn (may be you had nothing to do with it).
But what did out kids get for the money?
I hear from an elite that the tack is 'Gordon might not always have taken perfect decisions but he has learned from his experience'.
Supporting national interest or self interest? Its a test of integrity.
Well said Pat.
Of course national debt cannot be compared to household debt, any fool should know that. This is just another Tory line/lie to persuade a 'certain' sector that the opposite is true.
Shame the coalition have to lie so much to get the public on side.
"I listened to Gordon Brown's speech at Breton Woods the other day and he had a vision for the global economy, arguing that this is the first great crisis of globalisation. Hence we need global solutions"
Whatever respect I had for David is gone for good.
a)He says he did not know that banking world was interconnected.
b)Says he ended Boom and Bust
c) Sold Gold.
d) Stupidly gave away trillions of dollars (by his own admission, he was responsible for Global Program) to all the bankers and converted Private debt into Public Debt.
----Now bankers are merrily paying themselves bonuses they say they deserve.
Only shameless Bankers and Socialists can spend other people's money in ponzi schemes. That too shamelessly
And only Bankers and Socialists claim they are experts and godlike even after being spectacularly wrong each time.(remember Goldman? No?)
David you guys know no shame.
Gordon Brown, RBS' placeman, shouldn't be allowed near any financial body again.
Let's have someone from the developing world in the job and maybe that can improve the IMF's legitimacy. Strauss-Kahn did a good job but this Europeans only rule is stupid.
Notice how one public purse parasite endorses the appointment of another!
First, it's not surprising that like every other politician, Brown now wants to cash in on being an ex P.M. It's not illegal, and Blair's business affairs have literally the best legal protection money can buy.
Having said that, is it an intl. custom that ex Presidents and P.M.'s will never be held accountable for anything?
Bush II, Blair and other war criminals are running around free and getting rich. The Iraq Inquiry was a farce, and Blair knew it would be. Labour, the Tories and the New Dems will never hold Blair accountable for anything because they're terrified of his power.
What's the difference between Blair and Brown? Brown is guilty of bad judgement, but did nothing illegal. What would you indict him for? Being an accomplice to massive global fraud? How would you prove that?
If Blair was prosecuted and went to jail, what would all of the pundits write about then? It would the end of yet another industry.
Personally, I will find it hillarious and deeply satisfying, if Gordon gets the job.
After years of being bad-mouthed by the Tories and almost all of the media, it will be pay back time.
Those who may have missed, http://business.globaltimes.cn/china-economy/2011-04/643747.html.
In 5 years that is China would be making 55 airports.
a) China and rest of the world has started consumption in big way.
b) BRIC held a meeting couple of week back to work out an alternative barter system which will act as means of replacing dollar as defacto world currency.
c) Sterling is in any case not a world currency by any strech of imagination
If the socialist psychopath who insist on running the ponzi scheme of deficit and printing press to eternity in the belief that there is no alternative to dollar/ sterling; its time to be kicked in their arses till such time they get some sense.
I just hope there are more intelligent people in this country that parasites such as David and Brown.
Would sacrifice Blair to see Brown and Short tried and imprisoned as war criminals. The only real chance of conviction would be the shitty little dwarf Cook who definitely went contra to the UN. in West africa. the little weasel dies on us so we will never know now!
@ang
Indeed China is the issuer of the Credit Card and BRIC holds parts of Chinese Game.
Britain would be fully trapped if it were to assume there is no credit limit to this card.
If you do not understand this, it may be because you, like Brown and David are unemploable P45 candidates.
Register with Jobseekers now.
unemployable
Some people have very short memories. The man was a complete ecomonic disaster. So why should he be any different elsewhere.
The Kirkcaldy donkey Brown is a proven liar and train wreck who cannot face questions in the commons regarding his disastrous years in office.
Blair and Brown should face trial at the Hague.
@ang
The global recession merely stopped Gordon Brown from blowing any more money on his clueless reengineering agenda.
In economics there is a delay between the decision to implement macro decisions, market reaction and their effect on the economy. Gordon’s steroid injection of cash can be seen in its finest in the US where this policy is now coming unstuck.
The fake growth in the economy last year was due to the Labour Party spending the next couple of generation’s money on pet projects ahead of the election. That thankfully didn’t work for Labour.
Government is ultimately just a larger version of an individual household. If the household overspends and cannot afford to pay their way, they need to cut back on spending until they can manage their affairs. The Conservative Party understand this and are working towards economic health.
The British people are not stupid, they recognise what Gordon Brown, his acolyte Ed Balls and the Labour Party have done to Britain.
Cameron has no political choice other than to block Brown.
Even after nearly a year in power, the Conservatives and their Lib Dem poodles are still playing the hackneyed "Gordon Brown maxed out the credit card" line.
This works with an unsophisticated part of the population.
To have Brown appointed would undermine their case.
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@ Stu
Are you for real?? Keep it up.
I have to laugh to stop me crying.
And to think what they plan to do for higher education in this country. If we end up as a third world country we'll be lucky.
David Blanchflower - you're an idiot you couldn't have written a more biased account. I would respect you abit more if you gave us an unbaised view.
Simple fact is (and even you can't deny this)... Britain was BRANKRUPT! when the coalition took over what did their treasury put on a post it? something along the lines of 'good luck cos there is no money' great way to start a new government. The only solution to the problem for the Labour party was... lets borrow more money to invest on businesses and hopefully the economy will recover enough for us to pay back the biggest debt ever. They had 10 years to save money and reform the UK.
Any economist would have told you that there are peaks and troughs, whenever there is boom theres bound to be a dip but how well you can deal with the 'bust' is the key to successful economy.
So now we see a recession in which Britain really is fecked up due to the economic incompetence of GB and his bunch of yes men, Balls and Eddy and I would say Britain is better off without him.
Let him play the 'I admit it' card because in reality he only meant it partially just like Ed Balls did.
I don't care if the person taking the job is British or not, I don't even care if the person is Labour or not. We all care whether the person taking over is competent with a good record. Gordon Brown isn't it.
There could not be a worse choice than Gordon Brown, who as chancellor and "Prime Minister" so mismanaged the economy, so failed to regulate the banks that he left the UK with massive debts that our great-grandchildren will probably still be paying off in the next century.
The gravy train will have to be held in a siding until the election has passed. Perhaps they fear GB would not be the neo-lib poster boy he once was, perhaps he might have tried to redeem himself. Fire-brand, ready to rebuild the IMF from the ground up with a radical progressive agenda? When his political career was on the line Brown showed he had the courage to carry on blindly on the same course. I am sure that is why the IMF like him so much.
Is Cameron turning into a werewolf?
Brazil are a massive future economy. Just visiting Sao Paulo, it's easy to see where future growth lies.
Brown bailed out a load of unregulated bankers he always championed. Nothing inspiring about that. He's old politics. We need change. He's too tarnished with his old boy network of bankers to be objective.
David, it's not vindictiveness, it's a necessary sleight-of-hand to bolster the cuts agenda http://www.labourlist.org/why-the-government-needs-to-demonise-gordon-brown
Completely agree with the article. I suspect Cameron would be happier with Blair as EU president than Brown bring his chauffer.
Brown is not well liked at home, especially out with Scotland, Labour and small areas of the press. But he has an enormous following abroad. Well respected by the French and Germany and also liked by the Americans, especially those in economic circles. Why should the Cameron government stop the man who wants robin hood taxes, a fairer deal for the third world and a better global deal to boost the world economy. All things Brown has campaigned for when in office and more vocally out of it, at least in the few things he has written and been quoted in.
Best man for the job. It's a clear sign the salesman and his carpet maker mate are still unsure and feel that we are not out of danger yet and Brown in any influential post is a threat to their plans or at least a worry.
laugh to stop you crying... i saw that once on a train, after it was delayed for nearly two hours, i saw this old man sitting across from me, he was, no word of lie, crying and laughing at the same time it was an aweful scene and i hope that wasn't you mate.
Our education system went down the pan long time ago, look at china and other parts of the world that have over taken us in that area and we should have been proud of our system, that is until Labour introduced tuition fees - joking... just felt like taking a jab at Labour... they did much worse than that :P
Mr. Blanchflower you are so right.
Cameron's whole political career depends on Gordon Brown 'being seen' as incompetent and without this Cameron is nothing.
I can imagine Osbornes' knees shaking at just the thought of Brown in this position, as it would expose him and his PM as the pair of pricks that they really are.
I don't understand how a veto by Cameron alone, could prevent Gordon from getting the job he deserves?
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