Are we mad?

Jeff Randall in The Telegraph thinks we might be. Do read the whole article, but the thrust is that British business and politics have fallen prey to collective madness.



"Britain is supposed to be a boom economy, yet it has about 5m people living on benefits. We have been through a decade of unbroken economic growth, but the Government is borrowing more than £40bn a year. Crazy.

London, the success story of the financial-services era, is blighted by youth unemployment: 42.9pc of Londoners, aged 16-17, are out of work. Meanwhile young Poles come here and find jobs in a day. How mad is that?"

"Then there's the cost of living. Petrol prices, food bills, tax demands, train fares, energy costs and mortgage payments are powering ahead, but the Government insists that inflation is running at just 2.2pc. I don't know anyone who thinks that rate reflects the real increase. It's nuts."


It is indeed nuts, but that's Gordon Brown's Britain.