Friday, 30 April 2010
Very thoughtful post which points to the current direction of travel for the economy; the backdrop against which this danse macabre is being played out.
Read the rest at Paul Mason's BBC Blog
"What's shaping the debate though is the economic situation, and in the course of the election campaign that's changed. Let me sum up why:
a) We've had the Q1 GDP growth figures - worse than expected and a danger signal of a double dip recession
b) We've had the March unemployment figures: worse than expected and signalling a jobless recovery - with Job Centre Plus performing the sterling service of reducing the claimant count by shunting people onto courses, but negative job creation.
c) Then we had the IFS report - an authoritative demolition job on the fundamentally dishonest way all the parties have tried to mask the cuts they're forced to inflict.
d) Finally the Greek contagion story rocked the markets, and put points a-to-c into a brutal context. This is what happens to countries who do not spell out credible deficit reduction plans and whose politicians delude themselves about future growth."
Mervyn King is reported to have said that the measures required to manage the deficit would make the party who wins the next election unelectable for a whole generation. This is a legacy of the Blair/Brown years. As a double-header it's possible that Labour will be third in the popular vote for the first time in 90 years. Many will vote Labour because they always have - despite Brown's gaffe with Mrs Duffy - but many more appear to be moving away from tribal loyalty and thinking about voting in a way which doesn't reward incompetence.
Wednesday, 28 April 2010
Tuesday, 27 April 2010
Monday, 26 April 2010
Saturday, 24 April 2010
Friday, 23 April 2010
Tuesday, 20 April 2010
This wonderful website shows air traffic and includes information on the flight's departure/arrival points, altitude and call sign. It's interesting just now because it's showing the the first flights vectoring in to Heathrow and Gatwick, as the flight ban is lifted, are coming in from across the Atlantic. This isn't local traffic hopping over from Europe but flights which took off more than six hours ago. Perhaps I'm being cynical but I wonder whether the sudden collapse of the ban and change in the safety advice might have been hastened by pressure from the big carriers and the airports.
Of course now the government have ships of the Royal Navy and a fleet of coaches haring around Europe. There was probably a good deal of positive publicity possible in the PM welcoming holidaymakers as they came down the gangway off HMS Albion (think back to when HMS Hermes came back from the Falklands) but Gordon won't be dashing to Southampton now.
I suppose the election can now retake it's position as the leading news story. Cry havoc and let slip the dogs of war.
Monday, 19 April 2010
Sunday, 18 April 2010
Saturday, 17 April 2010
Friday, 16 April 2010
Saturday, 10 April 2010
Thursday, 8 April 2010
Tuesday, 6 April 2010
Posted by Nogbad at 09:19:00