We appear to be in a financial crisis, but can you be sure? Politicians are doing some bizarre things that seem quite political rather than useful. Printing money. I thought that money supply was a tiny bit crucial to how your country's economy ran, but there seems this idea that if we re short of money then we should print some. Does it really work like that? Blair and Brown kept the country drugged and so believing that this Laurel and Hardy duo were is some way competent or useful. The drug was borrowed money. Yes we all felt part of a wonderful, prosperous, successful country because we, and Gordon borrowed on a massive scale. Now the debt falls due and we really don't like or want the pain, well no, but what to do. Ed Balls, trying to keep the idea that stupidity might be a winner going, says we should carry on borrowing and feeling good (and probably print a load more dosh too).
I can't help thinking that our parents (and I'm no youngster) had a better understanding. They thought education was important and they revered wisdom, which came as is said, with winters. Now we don't need education as a benign class of left liberals has seized power and they will do everything for us. And here we are, in what the old Suffolk wits would call a rum do.
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