Although he would never admit it, the logic of Mr Brown's position is that he now thinks that eventual membership of the euro is inevitable and that he must therefore prepare accordingly.
Firms are confusing the inflationary rise with an actual growth in aggregate demand and are therefore not moderating their output expectations accordingly.
Accordingly, in order for the United States to maintain an effective, safe and reliable and therefore credible nuclear deterrent, it is necessary to perform periodic detonations of actual weapons.