Step back a bit, and ask yourself "why is that"? Main reason is a decision taken by the Thatcher government to link pension rises to inflation only. Before anyone asks, I don't think Thatch… (View Post)
Again, the shape of Osborne austerity (cutting capital spending, sweating existing assets) has rather bitten us on the bum. People (quite rationally) fear that they will get the new factory or houses… (View Post)
Benign authoritarians are, of course, a wonderful idea. The trouble is that nobody has found a way of ensuring that they are benign, remain benign, or hand over to someone else who is benign. The ris… (View Post)
That was a lead Foot inherited from Callaghan, who took the lead within a couple of months of the 1979 election. Eyeballing the wikiworm graph, https://en.m.wikipedia.org/wiki/Opinion_polling_for_the… (View Post)
It's the Janet Slimfast problem, as James Sean Dickson puts it. Or, more charitably, it's about time horizons. If you have many more years on this mortal coil, growth is good, it pays for nice things… (View Post)