The Lib Dems are irrelevant, they will not get away with the Tory-counterbalance story. What is amazing is how is it possible, in times like these, that the government shows so little capability to govern the country out of economic paralysis.
Growth. Stimulus. Development. Reform. Nothing of these. Have to admit the communications gurus managed to write a nice piece, for it is not easy to put a flaccid cerebral flatulence like this into a boastful narrative. It looks like PR is the best department in Downing Street.
The next Tory leader is better than Mr Cameron, who is completely lost in space and overwhelmed by events. He hasn't been able to pull himself together long before the EU isolation blunder. But to call Mr Osborne a strategist is a long shot. He is 1% economics and 99% politics, if I may use the occupy plasticism. Is it incompetence or just a terrible deadlock the British democracy finds itself in?
This government is running out of excuses on why Britain isn't back in black. The markets may eventually get tired of pointing out to the EU crisis, America may even cheer them up, so the titanium credibility of Mr No Plan B may very well vanish into thin air. He's got all the money printing capacity and fiscal independence he can wish for, plus the pretence that London has the best brains on thousands of miles, yet unemployment is high and the ones working cannot increase their output. Not without his help, and that is not coming.
What is also surprising is how people can be so oblivious of tens of billions they are wastefully paying out of their pockets on mortgages produced by a dysfunctional housing market, but ready to block the roads when petrol price goes up by less than 1%, and in the mean time wag their tails when their nominal gain from the "reform" of the tax free allowance is a mouth watering £170 (considering the inflation, it is a minuscule gain in real terms).
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