What were the failures of the Harold Wilson's first Government (1964-1970)?

Having devalued the pound sterling by 14% in November 1967 Wilson had the gall to tell the electorate,"It does not mean that the pound here in Britain,in your pocket or purse or bank has been devalued". This is exactly the came con trick we are now having repeated in 2009 by Son of Wilson, Brown the Clown. The Labour Party never changes and some people swallow their rubbish every time.