Perhaps we should have applied that to the Tory party these last 12 years.

Baroness Vadera and her green shoots – 174 days and counting – and she is the the ‘Business Minister’

http://news.bbc.co.uk/1/hi/uk_politics/7828549.stm

Ken is also the first politician who I have heard since this crisis began – who actually seems to know what he’s on about.
Every MP, minister or ‘expert’ seem to have forgotten (or never read) the surplus value theory and the idea of Overproduction (which is exactly what we have at the moment). All this talk about banks, regulation, CDO’s – they’re all thrown about like they are at fault – when the true culprit, this time and every other time, is the market Economy – or Capitalist economy.

His reference to the media is pertinent – as is his reference to 1929. If you read J.k. Galbraith’s ‘The great crash’ you will see a reflection of today which is uncanny which occurred immediately after the first fall of 1929 – but before the big decline over the next 10 years.

The rate of decline is slowing
The recession is easing
The results are down – but not as bad as expected
The recession has bottomed out
The crash is over
The credit crunch is easing

….and on…..and on…..and on….

Take it from me – someone who has read up on the subject – the recession will end when the jobs stop being lost. This process has only just begun – so don’t count your chickens.
Currently we are in what’s known as a ‘bear trap’ where the market thinks it’s all over – but the market is not reflecting the underlying Economic data – which in the US in particular is dreadful.

We are being led by a set of people who have no idea about Macro-Economics, who are advised by people who only have their own self-interest at heart.

I guess he still cares.

Cue posts of: you lost, get over it