Friday, August 29, 2008

The Caledonian Calamity

Just when you thought life in credit-crunch land could not get any more surreal, Alistair Darling machine guns not only his own foot, but that of the entire Labour cabinet.

"The UK is facing its worst economic crisis in 60 years, Chancellor Alistair Darling has admitted."

David Cameron's careful pacing to try and avoid being elected until what he imagined was going to the worst 18 months is out the way, might no longer be possible. It seems the Caledonian Calamity has had enough.

A "once in 60 years situation" cannot be addressed by simply adding to the burden of existing legislation with a few tweaks and homilies. The Boy Wonder can now quite safely wheel out some hard-nosed policies and ideas that will actively roll back the disastrous effects of 10 years of inept government.

Darling has all but confessed that Brown's stupidity and hubris has crushed the UK economy under the weight of a grotesquely overweight public sector created (by Blair's various admissions) to give the illusion of full employment; and many tons of quite useless (mostly EU inspired) legislation.

Bring on the tumbrels!

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