Tuesday, August 13, 2013

The silly season

It is August. Nothing happens. The papers reflect this in stories about turtles disguised as hamburgers. This is the only way to explain the following two items:
The proportion of people prepared to back the Tory team for economic competence has soared to 40% from 28% in June.
Presumably this is based on a staggeringly impressive growth rate of 0.6% and the start of an artificially manufactured property boom of the type that got us all in the mess in the first place.

And they will be dancing in the streets of Athens tonight:
Greece recession eases but not enough to boost tax revenue
Fabulous news. This means the economy SHRANK by only 4.6% in the last quarter; a triumph for the policy of austerity.

What was that phrase about the tyranny of low expectations again?

No comments: