tag:blogger.com,1999:blog-8278366793340877738.post123794180429008519..comments2023-11-02T10:43:15.185+00:00Comments on DENVERSTROPE: The Final DelusionUnknownnoreply@blogger.comBlogger4125tag:blogger.com,1999:blog-8278366793340877738.post-81853855224227733912010-07-27T21:49:02.759+01:002010-07-27T21:49:02.759+01:00It's a tough one to be sure.
But be aware (I...It's a tough one to be sure. <br /><br />But be aware (I'm sure you are anyway) those 60 quarters of growth was, in reality, ten years plus of fake growth. It's all been corrected by the recession. All of it. It's all gone.<br /><br />The only correction we need worry about now is whether the coalition is up to the massive task of genuine correction of Brown's cataclysmic economic mismanagement.<br /><br />If it's not then there could be a problem (if you'll forgive the understatement).Jon Lishmanhttps://www.blogger.com/profile/07272058035800593800noreply@blogger.comtag:blogger.com,1999:blog-8278366793340877738.post-55408721739147568512010-07-26T16:30:43.298+01:002010-07-26T16:30:43.298+01:00But how did it happen? Even now, there are thousan...But how did it happen? Even now, there are thousands if not millions of people in this country who still think of him as a "towering intellect" or a "clunking fist", or "Britain's greatest ever chancellor" (Polly Toynbee said that once!) <br /><br />Surely it was a classic case of Emperor's new clothes. That, and his willingness to carry on driving the country towards the cliff when others would have realised that benign economic indicators were not telling the whole story. For that he got a few more years of apparent growth (60 quarters of continuous growth, the longest expansion ever!) but a much bigger crash - which we haven't even begun to feel yet.Pearl Bayonetnoreply@blogger.comtag:blogger.com,1999:blog-8278366793340877738.post-62190614923909759822010-07-26T15:33:18.373+01:002010-07-26T15:33:18.373+01:00Well-said. It does look like a bit of a (further) ...Well-said. It does look like a bit of a (further) retreat from reality for him, doesn't it?Jon Lishmanhttps://www.blogger.com/profile/07272058035800593800noreply@blogger.comtag:blogger.com,1999:blog-8278366793340877738.post-44366379246601580392010-07-26T14:23:44.391+01:002010-07-26T14:23:44.391+01:00Sounds to me like a man who wants to be remembered...Sounds to me like a man who wants to be remembered for something and, having ballsed-up his shot at national influence, is now maintaining his dream through a fantasy of changing the world.Pearl Bayonetnoreply@blogger.com