Friday, 18 April 2008

Gordon Brown Schadenfreude

OK, so I should explain – Schadenfreude is the German word for “pleasure from misfortune”. I can’t deny that the Prime Minster current spot of trouble, is giving me pleasure.

Since October of last year the PM has gone from hero to zero, finding himself in a climate inimical to his political health. Who would have thought that after riding high in the polls last summer and his “Midas” like touch, Gordon Brown would now find himself bearing the fruits of his contretemps.

Cue the 10p tax battle! It now turns out that the Labour backbenchers have collectively woken up from their deep sleep with regards to the abolition of the 10p tax band. The reason why I suggest they were collectively sleeping is that this policy was made known a year ago by this Prime Minster, at that time masquerading as Chancellor of the Exchequer.

It now turns out there are 70 or so backbench Labour MPs whom have decided to sign a motion criticising the 10p tax band abolition which will cause further sleepless night for the Prime Minster.

Just when you thought it could not get any worst, the economy seems to be heading further South, with only the Prime Minister and Chancellor of the Exchequer holding the belief that we will weather the oncoming storm. Let’s hope for all our sakes this is not the case, continue to watch this space!

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