Fiscal conservatism died when the banks were bailed out ** since when its been just about who got the best places at the trough. ** well it died earlier when Gordon Brown thought he'd abolished … (View Post)

Indeed. Its going to be a process akin to evolutionary change in a general direction with many uncertainties rather than a roadmap with a precise process and endpoint. (View Post)

Indeed. But people have complained for as long as I remember about that short-termism. Now we have the beginning of business being forced to end short-termism and think in terms of investment and ups… (View Post)

I disagree about 1997 - people were feeling more affluent with low mortgages, home ownership rising, unemployment falling and demutualising building societies providing free money. What they weren�… (View Post)

Given that even in the thickest parts of the Waitrose belt nobody is now queueing for fuel any problems seem to have been based on nothing more fundamental than a critical mass of fuckwits and nimbys… (View Post)