This cuddly clown was at The Treasury Select Committee yesterday, Spouting Gordo's Usual Mantra.
Look closely you can see the strings.
'We are facing a very, very turbulent period. But if you look at the position at the moment, provided we maintain our support for the economy and provided too we make it clear that in the medium term all countries have to live within their means, I believe we can get through this.' Can you credit this statement by puppet Darling to the Treasury Select Committee? This on a day Jonathan Loynes, chief European economist at Capital Economics, said that borrowing is set to spiral further next year. "With the bulk of the impact of the economic downturn yet to be seen and growing signs of a structural black hole, borrowing looks set to surge towards £200 billion per annum next year," he said.
The delusion is breathtaking. There can be little doubt this government have lost complete control of the economy and cannot see that they have! Am I the only blogger astounded by £200 billion borrowing requirement?