Stagflation

The economic news just gets worse and worse for Gordon "an end to boom and bust" Brown, today we can read at Motley Fool that

"Shares are sinking, house prices heading south and consumer spending is constipated. Can it get any worse?

It can. Inflation is back on the agenda.

Britain's benchmark retail price index rose more than expected last month, and danger signs are flashing that shop prices could soon be heading even higher."

Oh dear Gordon, being PM isn't as much fun as you thought, is it? Is the economy about to crash and burn, will that make you sad or angry, or both? Do you wish you had called an election immediately you took over from Tony? Too late now, the end of Gordon Brown's reputation for economic competence is nigh.