UK Budget 2005: Never Had It So Good?
Way back in 1959, the then Tory prime minister, Harold Macmillan, went
into an election with the slogan that Britain has “never had it so
good.” Now, according to Gordon Brown, the UK has enjoyed, under his
stewardship, the longest period of sustained economic growth since
1701! However, it does not say much for capitalism and the British
variety of it that the longest period of economic growth in its history
is just seven years.
