Wednesday, February 01, 2006
Brown sends for Greenspan
Posted by David Smith at 06:30 PM
Category: Thoughts and responses

The Treasury today announces that Dr Alan Greenspan KBE has agreed to be Honorary Adviser to the Chancellor of the Exchequer Gordon Brown. Dr Greenspan will advise the Chancellor on issues relating to global economic change.

Gordon Brown said: “I am delighted that Dr Greenspan has agreed to be Honorary Adviser. His advice on issues relating to global economic change will be much appreciated.” Mr Brown has spoken of Dr Greenspan as “not only one of the world’s most outstanding economic policymakers but the greatest economist of his generation”.

Hmmm ...


If Dr Greenspan can convince Gordon Brown that global growth will not sufficiently stimulate domestic growth to tackle our fattening budget deficit, then his honorary advice will be welcome.

I seriously doubt Gordon Brown has the political will to bring our finances back to order. Thus Dr Greenspan's appointment can only be interpreted as a publicity stunt.

Posted by: Robert Ian James at February 3, 2006 10:01 PM
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