Friday, 24 October 2008

Gordon Brown-Trousers Is Amazed

Gordon Brown-Trousers is a class act, isn't he? Today, it was confirmed - as if any confirmation were needed for anyone with any common sense whatsoever - that the British economy contracted by 0.5% in the last quarter. Just in case you missed the news reports, that's the first time in 16 years that the economy has actually shrunk, and it's a bigger contraction than even the most gloomy forecasters predicted.

Naturally, there's no suggestion that things will pick up in the next quarter. Far from it, in fact. All the predictions are that we're in for a very hard landing as the economy falls apart around us, and then a very long climb back to prosperity which may - it's not guaranteed by any means - first start to manifest in spring 2010. Unemployment will be rife, money will be in short supply, credit non-existent.

I predicted recession on this blog months ago, not because I'm an expert economist (anything but!) but because I could see the way the wind was blowing and how ineffectual Gordon Brown-Trousers' government was. The papers have been babbling about it in open panic for weeks, torn between terror and fascination as the banks and stock markets teeter on the brink of disaster. So how is it that Gordon Brown-Trousers, our Prime Minister and former (for 10 years!) Chancellor of the Exchequor, only managed to mention the possibility earlier this week?

And wasn't that sly mention done in a sneaky little way? In the Commons, he said, “Having taken action on the banking system, we must now take action on the global financial recession, which is likely to cause recession in America, France, Italy, Germany, Japan and – because no country can insulate itself from it – Britain too.” Or, in other words, he used one of the oldest tricks in the book to avoid amitting that Britain - the country he's supposed to be running - is in deep shit. No, it's a global problem, see? Look, all these big, important countries (though how France and Italy get into that list is a mystery) are in trouble too, so we're not alone and, most importantly, IT'S NOT MY FAULT is what he's actually saying.

Of course it's his bloody fault. He's been Chancellor since Tony Blair oiled his way into office in 1997, and is reputed to have been a micromanaging control freak to boot. Economic policy was his one and only remit (apart from plotting to overthrow his boss) for an entire decade. Who the hell else should we blame for Britain not having planned ahead for this eventuality? The fact is that GORDON BROWN-TROUSERS did not see this crisis coming. GORDON BROWN-TROUSERS did not act to reduce our exposure to the obviously deteriorating economic climate. And now the shit has hit the fan, coming as a massive surprise to absolutely nobody but GORDON BROWN-TROUSERS, and the rest of us have to pay for his mind boggling incompetence.

But it doesn't stop there. Yesterday, the only British Prime Minister ever to be likened to Mr Bean said, "This is a global financial recession and we're fighting it every way we know how, working with other countries, trying to get the banks moving here in Britain, trying to help people with mortgages, at the same time increasing the winter allowance for pensioners, the tax cut of £120 going to basic rate taxpayers. We're fighting this recession but we need other countries to work with us."

Every way they know how? Current policy is every way they know how? Oh BOY, no wonder we're in the shit, but that's not the point. Note, once again, the emphasis on international problems, and the need for other countries to work with us. We know what that's all about, don't we? When the wheels fall completely off and Gordon Brown-Trousers is sent packing north of the border by the very few people left in England who can afford a pitchfork, he can bleat "It wasn't my fault, all those other countries wouldn't co-operate. They wouldn't do what I told them to do. It's not my fault, it would have worked if they'd done it my way."

In further self-defensive bleatings yesterday, Gordon Brown-Trousers was heard to confess that the ever-deepending economic crisis has his "undivided attention" when he gets up in the morning and when he goes to bed at night. WHAT ABOUT ALL THE HOURS INBETWEEN? Besides, he's a bit bloody late. If the economy, rather than his misplaced schemes to become Prime Minister had had his undivided attention for the past decade, we might be in a slightly better position today.

It is, of course, a global problem. But it's been on the cards for months, if not years. A canny, PRUDENT Chancellor would have taken precautions to ensure that global problems did not become a local disaster. Instead, we're nosdiving into probably the worst economic downturn since the 1930s and Gordon Brown-Trousers' only responses are to introduce ever more governement intervention in free markets. Control of banks, demands for fairnes (?!?!?!) in stockmarket trading, insistence that fuel prices should fall... the list is endless.

Certainly, all of these things are desirable, but if government intervention in a free market - even a market in panic - is the price then it's too high. Like everyone else, I cringed at news of OPEC's plans to increase the price of oil, and thus fuel, although, in truth, Mrs S and I don't need to do nearly as much motoring as we used to these days. But, if Gordon Brown-Trousers trully wants to make life easier and cheaper for recession hit motorists, how about cutting fuel duty? A huge proportion of the price motorists pay at the pump is tax - both VAT and extra fuel duty - and the tooth-sucking one could ease the pain by cutting the tax.

But he won't do that, will he? No, he'd rather interfere, yet again, in the free market and try to force prices down. That won't - and can't - work. It's like pushing down air bubbles under freshly hung wallpaper - the more you try to push it down in one place, the more it pops up in another, leading ultimately to ruined wallpaper that STILL has bubbles under it.

Papering over the cracks and micromanaging the consequences has always been Labour's way, and Gordon Brown-Trousers' way in particular. Now, as he keeps on telling us, the bubbles are international and he just can't control the outcome any more. The price of his economic folly is now due - and we're going to have to foot the bill. Labour, be they old or new, have always been incapable of handling the economy, as history very clearly shows. It was inevitable that, once they gained office, they would utterly destroy the UK and its economy - the only mystery was how it would happen, how soon it would happen and how the hell the rest of us would survive the chaos.

Those who voted for the ever-grinning Tony Blair in 1997 and subsequently are now reaping the rewards of their foolish trust in a party of buffoons, and I can't say that I have much sympathy for their plight. In fact, I'd find it hilarious if only other, honest, decent citizens weren't forced to share it. Thanks a lot, guys.

Billy Seggars.

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