Really? I didn't think Darling was anything other than the straw man to take the flak for the Gorgon when shit went wrong and the Gorgon took all the credit when shit went right.
Anyway, it seems like we're even more fucked than we thought:
Last month, the Chancellor said the economy would contract by between 0.75 and 1.25 per cent next year, in line with Bank of England forecasts but more optimistic than several independent analysts. Economists at Capital Economists predicted a 2.5 per cent contraction, the deepest downturn since 1947.
I don't know who Capital Economists are, but I bet they're closer to the truth than the Gorgon and his sock puppet. And it is with no great surprise that I also read that:
Some ministers believe he will have to paint a bleaker picture of the nation's prospects for 2009 when he delivers his Budget in March or April. That, in turn, could force the Treasury to revise upwards his huge borrowing figure of £118bn for next year, since tax revenues may be lower and spending on state benefits higher than expected.
But there's no point in blaming the badger-browed Trot for this. This is all Gorgon's work.
3 comments:
Darling does sums? I must say he has done a really good job of convinving us all that he doesn't do sums at all.
Darling strikes as the one who sits next to the tacher's pet at school. You know the type, he's poor at everything but under tremendous pressure from his parents to do well.
"Psst, Gordon. What's the answer to number three?"
"Reduce VAT to 15%? Cheers mate."
Scribble, scribble.
I think they mean "Capital Economics" - Roger Bootle et al.
you know you´re in deep shit when the polacks fuck off home complaining they´ve had a rotten deal?
Post a Comment