It gives me no pleasure to write this, but Labour's hollow boasts that Britain is better placed that other countries to recover from the recession was today exposed as wishful thinking. With six quarters of economic contraction, this is now the worst recession since records began.
Gordon Brown had calculated that he could be the optimist to David Cameron's pessimist, and so sound hopeful against the voice of doom. The continuing recession wrecks that strategy because David Cameron sounds now like the realist and Gordon Brown sounds as if he has been at the drinks cabinet. My prediction is that Labour will tack away from the economy for the next few weeks in the hope that people forget government claims of imminent recovery. Expect the smokescreens to start emerging from no.10 any time now.