Thursday 1st October 2009
“I could have attended the Labour party conference. But I thought: why squander a trip to the seaside? Yet I am still amazed by the timid mendacity of the event. There they all were, still hoping against hope that they’d soon gain full credit – and another term in power – for “saving the economy”, while at the same time promising earnestly to tackle the social problems that they were voted in to curb 12 years ago. First, why don’t Labour politicians grasp that the “economy” they fostered is not worth “saving”, because it exacerbated the very social problems that they are presently wringing their hands over (again)? Second, why don’t they grasp that the “economy” they fostered can’t be “saved” anyway? It is all over, because it was a mirage. The transition from a manufacturing to a skills-based economy, started under Thatcher in the 80s and continued so enthusiastically by New Labour, has been a failure. Its triumphs would be rubble were it not for the scaffold of bail-out support that has been erected around it.”
Deborah Orr | The economy cannot be saved: it was all a mirage | Comment is free | The Guardian (via errorgorilla)
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