Way back in 2010 a small little article slipped through, almost un-noticed. Mervyn King, then Governor of the Bank of England felt that George Osborne and David Cameron were “out of their depth”
You can read the article here
Paraphrasing, he felt that they were presumably too young and lacked experience to be Prime Minister and Chancellor. Few would argue with him now.
He thought that the dynamic duo had ‘not fully grasped’ the problems they would face in tackling the economic crisis.
He was quite scathing in his view that they ‘had a tendency to think about issues only in terms of politics, and how they might affect Tory electability’. Mr King harboured serious doubts about the ‘lack of depth’ in the Conservative leadership
In private conversations with American Ambasador, Louis Susman, he said he had repeatedly pressed Cameron and Osborne in private for details of how they would cut the deficit but had ‘received only generalities in return’. Susman would later inform Hilary Clinton that, in his view, Cameron and Osborne “lacked experience” and that “Mr Cameron and Mr Osborne have not fully grasped the pressures they would face from different groups when attempting to cut spending.”
The end result, as we all know, is that they were left, almost unchallenged, to blunder along in their naive attempts to run a country and we have arrived at the situation we find ourselves in today. Between them they have screwed the hole foundation of our once great country, and are STILL too arrogant to listen to, or take advice from anyone.
Such a tragedy that more people didn’t get to see the thoughts of Mervyn King 5 years ago.Last Updated on