Under Gordon Brown's leadership, Britain has achieved that sinking feeling without knowing exactly why things are so bad and how it happened so fast. This is a coruscating attack on the government and both its failure to put things to rights and its extraordinary success with angering every subgroup of voters. It is the first sustained analysis of what went disasterously wrong and why it will continue to get worse under current policies and we will all feel the financial pain. Eamonn Butler is the head of the London-based Adam Smith think tank and a neutral observer with no party axe to grind.
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