The odd thing is that it is left-wingers, not Cameron, who have lurched to the right
It’s not hoodies. It’s not single mums. It’s not even jittery City whizz kids down to their last ten million. No, it’s lefties we should be furrowing our collective brow about. We shouldn’t worry about the threat they pose to society (even though successful countries can survive anything except civil war and socialism). It’s the fact that they appear to be suffering a crisis of faith.
It is a crisis which disproves the claim that while the Right won the economic arguments, the Left has at least won the social ones. And it helps explain why our Labour Prime Minister demanded ‘British workers for British jobs.’ And why the question should be not, ‘Why is David Cameron lurching to the right?’, but, ‘Why is everybody?’
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From the economic and psychological bedlam of the global downturn has emerged a particularly dangerous false dichotomy: namely, that there is somehow a choice for ministers over the next few years between economic reconstruction and the repair of Britain’s broken society, and that the government (whether Labour or Conservative) must prioritise the former at the expense of the latter.
The daughter and I spent the last few days before the American election in Arizona.
Fraser Nelson reviews the week in politics
‘A money-financed tax cut is essentially equivalent to Milton Friedman’s famous “helicopter drop” of money.’ So said Ben Bernanke, now the chairman of the Fed, in a speech about how to ward off the ‘extremely small’ chance of deflation, which he delivered in 2002.
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