Is Gordon Brown Innumerate?

I used to think Gordon Brown had a bit more about him than the arch – war – criminal but during the Chancellor’s spot on TVAM this morning I had to change my opinion. While talking to Fiona Phillips who’s interviewing technique is as incisive as an angora sweater GB suggested that we are letting down our young people by failing to “invest in them.”
Promising to “reform the education system” (what again? how many times is that in the past three years?) he revealed that India and China are churning out 4 million graduates a year against our 250,000.
But hang on, don’t India and China each have a population of around 1.2 billion against our 60 million. That’s 20 times more people. Which by the Brown criteria means they should be producing 5 million graduates a year.
So actually we are doing rather well by our young people. We do not need to raise taxes or open any new Universities.
But with a man with such a stupendously astute head for figures in charge of the treasury doesn’t it make you wonder just how fucked the economy really is?