“..Forget all the talk of post-recession rebuilding.
We were living beyond our means and must now reduce our expectations
There’s a piece of fashionable political nonsense you should be vaccinated against before the virus hits us:..
..a whole vocabulary of ministerial happy thoughts..
..to which you’d best learn to block your ears.
The coming nonsense is that when this recession is over, countries such as Britain should seek and find our salvation in (in what will become a buzz phrase of 2009-10) a “new economic modelâ€.
Wrong.
Actually we’re just stuffed.
We hit a tree.
There is no replacement economic model for us to drive off in.
We must bash out the dents, clear the broken glass, remove the bumper from the front wheel, and limp on as best we can.
We should accommodate ourselves to that prospect..”
go to source/story>>There’s no new motor to drive the economy | Matthew Parris – Times Online
