Gordon Brown quoted in The Telegraph this morning
“We are leading the world in sweeping away the old short term bonus culture of the past and replacing it with a determination that there are no rewards for failure and rewards only for long-term success” and
“In the future there must be rewards for success – but long-term sustainable success and not just short-term gains”
I am not sure where this rule about rewards for long-term sustainable success will leave Gordon Brown come the next election. Although he may not be wholly to blame for the current state of UK PLC, his years at the Treasury and the policies he then promoted have played a significant part.
There is a measure of political self-delusion in trying to claim that we are better placed than others to weather this recession/depression; similarly in the argument that he is merely the victim of circumstance.
If he is pinning his hopes on the electorate believing him, then today’s Times/Populus poll will be a great disappointment.