I would not normally have bothered reading the now notorious Alistair Darling interview but so much fuss has been made about it that I felt I really had to check it out. Apparently the media are in a state of shock regarding a politician, much less the chancellor, TELLING THE TRUTH. So what is this hand on heart revelation they are all going on about? Surely it can't be the bit about the forthcoming economic downturn, everyone and their dog has been talking about that for months. No, it must be something else. Ah! this will be it. Towards the end of the article. Where he admits to not being a socialist. That'll be it.
A recession will hit the worst off hardest, as always. I have never subscribed to the view that "worst is best" in politics. When the shit comes down people are not radicalised necessarily, and may retreat into a defeated, depressed isolation instead. The thing that probably concerns me least regarding the likelihood of a recession is Darling fessing up to some journo about it.
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