Commenting on this post Ian Leslie - aka Marbury - argues that we're on the brink of a new era and that just as Callaghan was right to appreciate that one era had ended in 1976, so Darling and El Gordo may be correct to suppose that another has been shipwrecked now. Maybe.
Look, I'm not sure this will work, and if it does work it might be partly by accident and yes I know that Brown hasn't really earned his authority over the last ten years. This is a gamble. But taking a gamble at this stage is better than doing nothing and hoping things will return to normal, as the Tories propose. They won't.
Well, are the Tories really proposing "doing nothing"? Granted, their proposals haven't been especially persuasive either. But to say - for the sake of argument - that Labour's proposals are better than what the Tories have to offer is a long way from supposing that Labour's plans should be supported. A rotten plan is not necessarily better than no plan.
*Norman Lamont, the hapless Chancellor presiding over the disaster was, like Alistair Darling, schooled at Loretto, a smallish Scottish public school outside Edinburgh. Can this be a coincidence? I think not. The lesson is obvious: never appoint a Lorettonian Chancellor.