UK: Smith on Economics - A monument to the chancellor.

UK: Smith on Economics - A monument to the chancellor. - A natural fall in long-term unemployment among the young raises doubts about the New Deal. Will it be Britain's biggest white elephant? asks David Smith.

A natural fall in long-term unemployment among the young raises doubts about the New Deal. Will it be Britain's biggest white elephant? asks David Smith.

Imagine for a moment that you are Gordon Brown. What would you wish to be the lasting monument to your time as chancellor?

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