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Written by Austin Mitchell
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06 November 2007 |
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Big Tests this week. Government’s First SAATs.
For Gordon Is he Blair heavy? Or Labour? Indications so far are that triangulation lives on, as does sitting on the middle ground, pinching Tory policies.
The Queen’s speech has to be more than tough on terrorism and immigration, and generosity to the EU. Do something for the people. Answers Tuesday.
For the Bank Will it stand unshook amidst a bursting world? Or bring down interest rates to forestall the developing disaster. First indications? It will put morality before sense, hang onto a ruinously high pound as its only weapon against inflation, and keep interest rates high, all to favour finance answers Thursday.
Wrong answers on both issues and we’re fucked. You can’t run a growth economy with a contractionary Bank. So the year ahead will be bad. Bad for Labour. Bad for Britain, and bad for Joe Bloggs, as PR speak puts it. Without adding Buggaration for Labour.
Don’t say you weren’t warned, Gord and Merv.
* * * *
Memo to Milliband Time your paternity leave to coincide with every unpleasant duty. A black baby to cancel Condi – Jack Straw tried being nice to her and look what it did for him. Next an Iranian baby to stop the bombing. Nothing from Chad though. You don’t want Sarkozy to have to save you. |
