QuotesCosmos
Hansard, House of Commons, 6th series, vol. 212, col. 22.
• House of Commons speech (24 September 1992), referring to Black Wednesday.
“

In the course of a few weeks the one policy with which the Prime Minister was uniquely and personally associated, the contribution to policy of which he appears to have been most proud, has been blown apart, and with it has gone for ever any claim by the Prime Minister or the party that he leads to economic competence. He is the devalued Prime Minister of a devalued Government.

— John Smith (Labour Party leader)

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "In the course of a few weeks the one policy with which the Prime Minister was uniquely and personally associated, the contribution to policy of which he appears to have been most proud, has been blown apart, and with it has gone for ever any claim by the Prime Minister or the party that he leads to economic competence. He is the devalued Prime Minister of a devalued Government." in the context of "Hansard, House of Commons, 6th series, vol. 212, col. 22.
• House of Commons speech (24 September 1992), referring to Black Wednesday." to mean that wisdom is timeless.

Source: Wikiquote: "John Smith (Labour Party leader)" (Quotes) The 'What it means' explanation text was generated by Google Gemini Flash (accessed January 18, 2026). https://gemini.google.com/app

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#John Smith (Labour Party leader)#minister#prime#devalued#policy#contribution#personally#associated#competence#government#uniquely#economic
John Smith (Labour Party leader)

About John Smith (Labour Party leader)

John Smith QC (13 September 1938 – 12 May 1994) was a British Labour politician who served as Leader of the Opposition and Leader of the Labour Party from July 1992 until his death from a heart attack in May 1994.