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	<title>Comments on: The run on the pound</title>
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	<link>http://markhendy.com/2008/12/13/the-run-on-the-pound/</link>
	<description>Business and pleasure in any order</description>
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		<title>By: paul tomlinson</title>
		<link>http://markhendy.com/2008/12/13/the-run-on-the-pound/comment-page-1/#comment-3433</link>
		<dc:creator>paul tomlinson</dc:creator>
		<pubDate>Sun, 14 Dec 2008 12:08:23 +0000</pubDate>
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		<description>It didn&#039;t need a rocket scientist to work out where Gordon Brown&#039;s spending would lead. He unravelled all the public sector reforms brought in during the &#039;Thatcher Years&#039;.The next timebomb, ie the public sector pension liability, is timed to wipe out any possibility of an early return to fiscal stability.The unpallatable truth is unless  we return to the zealous reform of the &#039;Thatcher Years&#039; our economy is doomed to banana republic status.</description>
		<content:encoded><![CDATA[<p>It didn&#8217;t need a rocket scientist to work out where Gordon Brown&#8217;s spending would lead. He unravelled all the public sector reforms brought in during the &#8216;Thatcher Years&#8217;.The next timebomb, ie the public sector pension liability, is timed to wipe out any possibility of an early return to fiscal stability.The unpallatable truth is unless  we return to the zealous reform of the &#8216;Thatcher Years&#8217; our economy is doomed to banana republic status.</p>
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