Playing politics while the economy burns
At least the Labour Party can amuse itself with the thought that it has made the great leap backwards to 1970s style socialism with its back-to-the-future 50p tax band.
There's not much for the rest of us to smile about, however. None of the major parties have any real solutions to the current economic problems we face - probably because the only realistic solutions are so unpalatable. And so they are reduced to finger pointing and name calling:
In an article for the Independent Vince Cable calls on David Cameron to admit what public services he will cut...
In truth Mr Cable is part of this political machine that needs dismantling. His positioning against the Conservatives is just not convincing. Does he want the Conservatives to cut public services or does he want them to say that they will cut public services?
The political parties talk to the people like poisonous divorced parents manipulating, bribing and failing the child at every turn. We of course need a different type of politics, but much better would be just less of it.
Our friends at the Adam Smith Institute are right. The current crisis isn't just a failure of economics, it's a failure of politics.
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