"As Chancellor, in 1974 he inherited an even worse picture. Oil prices had quintupled overnight (before Britain had any of her own). The world economy was in turmoil, Britain was on a three-day week and on the edge of hyper-inflation. All of these problems had to be faced by a minority Labour Government, in the face of a Labour Party haunted by memories of past "betrayal" and congenitally opposed to spending cuts imposed by foreign bankers. (Denis Healey envies Gordon Brown for his inheritance of a benign economy and a docile party). As Chancellor, he faced down five years of uninterrupted economic and political crisis. For good or ill, he made more policy decisions and introduced more economic measures and packages than any previous Chancellor. At the end of his term, the British economy was intact and out of debt, inflation contained, unemployment falling each month (without the aid of statistical manipulations) and living standards improving, especially for poor and disabled people."