The Blog of
Nadine Dorries
Fiscal Promiscuity
Posted Tuesday, 16 September 2008 at 14:15

Last month food prices increased by 13 per cent and fuel by 16 per cent. House prices are tumbling, world banks falling and redundancies looming. Some say, and I include the Chancellor in this that we are entering a depression worse than that experienced in the 1930s.

I for one really hope this won’t happen; however, it has to be said, that there are those who have been predicting this scenario for some considerable time.

I have noticed a complete change in the type of problems my constituents have been bringing into my surgeries.
We are overwhelmed by debt.

I put the blame for this squarely at the door of Gordon Brown and the overwhelming number of direct and stealth tax increases he has imposed on British families during his tenure. At the last count it was well over 100.

Every mum and dad wants to dress their baby in the best clothes. All parents want to do the best for their children and all families know how hard it can be to make ends meet.

A local village shopkeeper in Mid Beds told me today of how he felt the kick for the first time this weekend.
Every Saturday he has 130-140 customers and takes around £2000. This Saturday he had more customers, 180, and took only £1,800. People were being much more careful.

When money disappears from the pay packet, families turn to credit cards or borrowing against the available equity in their homes. The fact that the UK has a record high level of personal indebtedness bears this out.

All the time Gordon Brown talked about fiscal prudence he meant fiscal promiscuity as he played fast and loose with our money.

The story is he is toast, and so he should be. But not because Labour MPs see their seats disappearing before their eyes, but because he is the architect of what may become the greatest financial disaster of this century.

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Nadine Dorries MP
House of Commons

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Andrea Gordon on 01462 811449

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