Don’t let the Cons tell you they didn’t know…

Andrew Dickie, formerly of this parish, has kindly provided a pictorial quote to accompany his assertion that my view of Cameron and Osborne’s incompetence in the previous blog was either somewhat rose-tinted or more probably downright misleading. Theirs was not incompetence but was, in short, malevolence. I fear I must stand corrected.   It compares… Read more

The incompetence of Osborne and Cameron

An interesting study by Warwick University, reported here in the Huffington Post, shows a remarkably high correlation between the effects of austerity and voting Brexit, as the map below suggests. “In other words, by curtailing the welfare state, austerity has likely activated a broad range of existing economic grievances that have developed over a long… Read more

‘Trafficking in unreality’: Trump takes the US further down the road to authoritarianism

Perhaps understandably the UK media’s daily reporting on Donald Trump was dominated yesterday (Wednesday) by the release of a recording of a conversation between Trump and his (ex) personal lawyer, Michael Cohen. The recording provided irrefutable evidence that Trump has been lying since before the Presidential election about what he did or did not know… Read more

HM Treasury says MMT is correct

It was almost a year ago that I originally wrote to my MP to ask him to enquire of the Chancellor ‘Where does money come from?’ I have, at last, received a reply (click to enlarge): It reads rather as though the writer, John Glen, Economic Secretary to the Treasury, has received intensive training from… Read more

The highest level of special

I was struck by the recent handholding – well three fingers (probably better than two) holding with Donald Trump. What on earth was the attachment to our dear leader’s arm? It is reminiscent of one of those anti-theft devices that supermarkets attach to their most expensive bottles of whisky. So I wondered who was so… Read more

Neoliberalism is no philosophy but simply another pressure group

I quote from the New Economics Foundation (NEF) “deepen the inequalities and inefficiencies of neoliberalism.” This suggests neoliberalism is a philosophy. I profoundly disagree. It is rather a pressure group that was smart enough to endeavour to create an idea. I think the NEF should know better. We must beware – neoliberalism is NOT a… Read more

Business Rates or bust?

There is, or was: Maplin, Betterware, Kleeneaze, Bargain Booze, Toys’r us, Jones the Bootmakers, Brantano Shoes, Store 21, Jaeger and BHS. Homebase was sold for £1 and Poundworld is also, it now appears, likely to be on the way out. Mothercare and House of Frazer are closing stores and even M&S has announced it is… Read more