Just listened to the PM being interviewed by James Naughtie on the Today Programme. Put to him that Labour's (his) promise of ending the cycle of boom and but, Brown denied that we were in such a situation. The guy is clearly either in denial or lying through his teeth.
His answer included the claim that the UK had enjoyed periods of high growth despite recession in other countries.
Does he not understand that massive growth is part and parcel of the culture of boom and bust? If you truly want to end boom and bust then you need to accept as a consequence that growth will be severely limited.
Oh and he also claimed that Ruth Kelly had resigned for purely family reasons. So that cannot be the real reason then.