There’s one department I’ll be most interested today – welfare. Why? Because pretty much any further cuts will take Osborne into controversial areas…
Paul Waugh, trying too hard to keep up with Mike Smithson, asks number 403 in my series of Questions to Which the Answer is No. Among his reasons for suggesting why the two have never been seen together (except in the Commons, which is obviously some trick with a mirror), he forgot to include:
The discussion dominating public debate about how far and how fast we should be cutting the fiscal deficit is a giant displacement activity, which has dangerous consequences. The real problem facing the UK, and other western countries, is how to regenerate economic growth.
It has become the received wisdom that prosperity and growth do not go together. An endless stream of official reports, books, newspaper articles and television programmes maintain that more “stuff” damages the environment, causes inequality and makes us miserable. Such arguments are based on an exceedingly narrow view of economic progress.
I’ve been critical enough of the BBC in the past, but this is very good. Mitch Benn, “I’m Proud of the BBC.” I’ve just heard him do it on Richard Bacon’s show on Radio 5, faster and in the raw, and it was even better, if anyone knows how to get hold of the audio.
The Pedant writes to ask number 401 in my series of Questions to Which the Answer is No. Alan Beattie (right) is in fact International Economy Editor of the Financial Times.
I had allegedly mis-described Beattie in my post on number 400.5 in this series, which he nominated.
Iain Dale is very cross. The Government has put things in The Daily Telegraph before announcing them to Parliament. Very bad.
They’ll be taking decisions on a sofa next.
Oh; they have.
Genius, and the artistic creativity stemming from it, is by nature inexplicable and incapable of being reduced to rules and techniques. In 1789 one of Mozart’s contemporaries noted in his Piano Method that ‘some musical effects cannot be described; they must be heard’.
Much of the extraordinary profitability of British banks over the past decade was a “mirage”. Those were paper profits created by the banks running down their capital and hiding risk. And it was a strategy that was always going to blow up, wiping away the profits of previous years.
Barack Obama is to ask number 400.5 in my series of Questions to Which the Answer is No next month on the Discovery Channel:
President Obama will be featured in the December 8 MYTHBUSTERS episode, Archimedes Solar Ray, during which he challenges hosts Adam Savage and Jamie Hyneman to revisit an ancient and somewhat controversial myth:
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