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If I was a betting man

November 7, 2008 | Written by admin

So, Gordon Brown and Labour are apparently rising from the dead after the Glenrothes by-election. Pre-election favourites, the SNP, failed to pick up another seat in a Scottish constituency Labour used to think of as safe.

However, it was only a couple of months ago that we were all discussing when Gordon Brown would be replaced rather than if. After taking hit after hit in the polls, the loss of the Crew and Nantwich by-election in May and the disastrous defeat in Glasgow East, one of the safest Labour seats in Britain, Brown’s days seemed numbered.

Then came his speech at the Labour Party Conference, then the spectre of a global meltdown loomed heavily over Wall St and the City.

Without doubt, the financial crisis, has taken its toll on some members of the British Parliament. However, it has been David Cameron’s Conservatives that are on the backfoot. Brown however, seems invigorated and has even been seen to crack a smile.

Brown and Chancellor Darling’s bail out of the British Banks have been credited as the most decisive move by any Government globally and the results are beginning to show judging by the by-election result and Labour’s forward momentum in the polls.

Cameron however, has been left in Brown’s wake, is grasping at policy straws and was left seemingly helpless in the wake of the Shadow Chancellor George Osborne‘s misguided attempts to attack Lord Mandelson in what has now become the infamous Yachtgate Scandal.

Now, if I was Gordon Brown and if I was a betting man, I would be seriously thinking about calling a snap election in the spring of 2009. His poll numbers are firming, gone is Mr Bean and his Iron Chancellor persona is slowly peeking out from behind the curtain in the face of a looming recession. Most importantly, his own party appear to be no longer waiting in the shadows for the next slip-up. Nevertheless, this can only last so long.

No matter how strong Brown appears, there is a looming spectre of increased unemployment, upwards inflation, higher bills and nation wide budget cuts – not issues that make for a happy constituency and incumbent governments should be wary.

Should the election be called in 2010, Britain may only just be coming out of a recession that would have taken its toll on the voting public. If Brown calls the election soon, there may not be such a huge backlash and he may be able to benefit from his current momentum.

This is all very clearly hypothetical and as shown the dilly-dallying around the prospect of an early election in late 2007, Brown plays it safe, maybe too safe when it comes to his own fortunes.

Thankfully, I’m not a gambling man because neither is Brown.

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