Friday, April 03, 2009

Brown's housing boom and bust illustrated in tax receipts

Gordon Brown infamously said in 1997, "I will not allow house prices to get out of control". The strange thing is, he didn't even need to look at the market, he just needed to look at the stamp duty tax receipts to see what was happening.

Via Hansard, graph done graciously for me by Croydonian


Oldrightie said...

These matters are for little people to worry about, not World Statesmen, like as wot I is.

Demetrius said...

Iain Dale has posted an item referring to a Youtube post of Brown clutching his knees, and he wonders why. I have referred him to the old song:

There came a girl from France
Who didn't know how to dance
The only thing that she could do
Was knees up Mother Brown

Oh, knees up Mother Brown
Knees up Mother Brown
Knees up, knees up, never let the breeze up,
Knees up Mother Brown

Oh, hopping on one foot
Hopping on one foot
Hopping, hopping, never stopping
Hopping on one foot


Oh, prancing up and down
Prancing up and down
Prancing, prancing, never dancing
Prancing up and down


And whirling round and round
Whirling round and round
Whirling, whirling, never twirling
Whirling round and round


Anonymous said...

the man is deluded,could not run a market stall.i do beleive it was all down to the brown v blair tit for tot that as caused the underlining problem.

Not a sheep said...

Damn good spot, I wish I had thought to look at that measure.

Mitch said...

They didn't get out of control they went exactly where he wanted them.