George Osborne on the Credit Crunch

There’s a good article in the Telgraph by George Osborne, contrasting the difference in the British and American reactions to the credit crunch.

-compare the rapidity of the takeover of Bear Stearns with the dithering over Northern Rock

-compare the economic stimulus package of tax cuts with Darling’s ‘do nothing’ budget

The Conservatives have regained the poll advantage on economic competency, and seem to be taking lessons from America. Good.