Have we learned much from this election? We already knew that, for most people, voting is about fear of worse not hope for better. We already knew that - for all the election time flattery about the wisdom of the people - most voters are political and economic imbeciles. We knew that, even though our government is borrowing 20 pence of every pound it spends, there is no national appetite for prudence. No candidates were ready to look us in the eye and say this can't go on. No candidates were ready (for fear of being thought "negative") to point to the markets jittering at every opinion poll and tell the truth that there is a limit to national credit. No-one was even putting forward a plan to reduce debt. The arguments were about when to start slowing the rate at which it increases. The economic debate stank to high heaven of irresponsibility, as the politicians peddled their old, powerful lie of "something for nothing".I wholeheartedly recommend the entire article.
Saturday, 8 May 2010
The Last Ditch: What have we learned?
Tom Paine asks: