Following up this morning’s faux economic good news on the Today programme, (Broadcast just before a record jump in inflation was announced) on PM Eddie Mair produced a former editor of the Economist – Bill Emmett – who declares “Crisis what crisis?” Emmett intoned that economic conditions are mild, that inflation is on the way down, food prices are falling and property prices are going to rise again, – marvelous stuff. He also added that no matter how bad things are, things were much worse in the 1980’s – when those bad conservatives were in power! PM – doing the great Leader’s bidding everyday.
ALWAYS LOOK ON THE BRIGHT SIDE….
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The BBC must be giving free smack to all their guests.
“Eddie Mair produced a former editor of the Economist Bill Emmett”
May we just have a comma ?
“Eddie Mair produced a former editor of the Economist, Bill Emmett ”
There he doesn’t sound as formidable now.
By avoiding any reference to RPI there is nothing in the BBC report to disabuse casual readers from their misconception (resulting from years of BBC progaganda) that the economy was in a mess when Gordon arrived at no11
The UK’s annual rate of inflation rose to 4.4% in July, its highest level since records began in 1997.
http://news.bbc.co.uk/1/hi/business/7555788.stm
Convenient this CPI & its 1997 origin! TheTimes makes clear that we have to go way back into the Conservative period of government for a higher rate of RPI
Headline inflation on the consumer prices index surged to 4.4 per cent in July, more than double the Bank’s 2 per cent target and the highest annual rate since April 1992.
http://business.timesonline.co.uk/tol/business/economics/article4518308.ece
Sounds you guys in the UK are living in paradise after all. I envy you!
Will, substitute ‘1997’ for year zero.
Just watched ‘haldtalk'(hard? only if you are a hated class enemy!) with comrade Sackur interviewing the boss of Ryanair.
Ryanair got the full on smear/attack dog treatment because the ecomentalists rent a mob crowd hate air travel and have bullied most other airlines but Ryanair has been remarkably resistant to the ecobullys.
How dare Ryanair offer low fares, how dare they refuse to submit to the ecothreateners, how dare they not buy into and propagate the AGW/MMCC scam theory!
The airline industry has given into the bullying ecomentalists and cringes before them almost appologising for existing and because Ryanair refuses to accept this ‘protection racket’ of a scam it becomes a target?
THE BBC: TAKING DIRECT ORDERS FROM THE ECOMENTALIST ECONOMIIC SABOTEURS, BUT HEY,WE GET PAID WHATEVER THE WEATHER!
Cassandra: The lft only want the unwashed scum (the general British public) to stop flying.
Does anyone really think fatso Alan Green (that annoying prick off the BBC that ONLY flies 1st class) or Roger Harrabin are going to stop flying all around the world?
Heres’a challenge to the BBC. Ban all flights. Use local TV reporters instead.
I hust wonder if the BBC could ever practice what it preaches? I doubt it.
Heres’a challenge to the BBC. Ban all flights. Use local TV reporters instead.
Martin | 13.08.08 – 3:21 pm | #
Golly, they’d have to wait a bit first, else the entire senior staff (I know it’s only supposed to be 400+, but the quality of most programmes, especially news, at the moment leads me to suspect the tea lady, security guard and work experience students are in charge while all the rest are on hols or jollies) would be stuck in Beijing.
Then again…
The BBC’s economic incompetence makes me laugh. Bill Emmott is a journalist. “The Economist” is a current affairs magazine.
They may as well interview a former editor of “Time” magazine as an expert on clocks.
Expat in New York | 13.08.08 – 6:17 pm | #
Yes, the Economist has absolutely no credibility when it comes to economics. Neither does its Economist Intelligence Unit. It’s all an elaborate marketing ploy.
And I’m equally sure you don’t look like an idiot.
“The airline industry has given into the bullying ecomentalists and cringes before them almost appologising for existing”
Utter nonsense. The airline industry is pushing Heathrow expansion like mad (well, they ARE mad: Heathrow is an environmental disaster already, it should be decommissioned gradually rather than expanded). This is the exact opposite of cringing.
Nearly Oxfordian,
Airtravel and airports are vital to the Uks economic health, they provide hundreds of thousands of jobs from aircraft makers to airport cleaners! World airtravel and tourism helps poorer nations by boosting revenues and brings the world closer!
“heathrow is an enviromental disaster” ? Heathrow alone provides tens of thousands of jobs and is the economic base for UK PLC and yet the ecomentalists attack the industry at every turn using dodgy psuedo scientific mumbo jumbo as cover.
Lets be clear here, the airline industry is vital for the economy and the ecomentalist attacks are nothing less than economic sabotage! But then again the watermellon agitators would happily see those jobs destroyed and see the workforce on the dole just to further its grubby and dishonest political aims, they want the ‘peasants’ back where they belong tilling the fields and living in mud huts!
The man made global warming scam is a perfect fit for the NuMarxist aim of destroying western capitalist society, turning the west into a third world cesspit and to further this perverted ideology they would happily destroy the lives of millions, that is evil!
The Marxist movement never went away after the fall of the USSR they just painted themselves green to carry on the class war struggle, that is dishonest AND evil!
No doubt Labour’s solution to economic recession (aided and abetted by the BBC’s economists), will be more mass immigration to the UK.
After all, doesn’t Labour want to achieve a ‘multiculturalist’ outcome like this?:
“US whites ‘to be minority sooner'”
http://news.bbc.co.uk/1/hi/world/americas/7559996.stm
Anthony Browne, sanely, suggested otherwise in this article of a few months ago:
“The facts that shatter Labour’s big immigration myth” (by Anthony Browne)-
[Extract]:
“There is a traditional pattern to any discussion about immigration.
“First, the Government and its supporters in the (often taxpayer-funded) immigration lobby declare various reasons the public should support their policies.
“Otherwise we would face a serious shortage of workers, economic growth would stagnate, there would be fewer people in the workforce to help pay the country’s pension bill, the NHS would collapse or that the country would suffer without the enriching force of multi-culturalism.
The argument that immigration is a major boost to economic output is ‘utterly misleading’
“These arguments are then unquestioningly trumpeted by the BBC and by much of the rest of the Press which instinctively wants to support mass immigration on the basis it is the morally decent thing to do.
“But then someone suddenly points to holes in the arguments, often in cold, factual ways. These critics inevitably get pilloried.
“In my case, when I started pointing out some of the downsides of immigration, I was denounced by the then Home Secretary David Blunkett in the Commons for ‘bordering on fascism.’
“In an earlier generation, Ray Honeyford, the Bradford headmaster, was hounded out of his job for declaring that children who are born and grow up in England should speak English.
“Sir Andrew Green, the chairman of Migrationwatch, has been regularly demonised for the counterarguments he has put forward.
“But the beauty about truth is that, in the end, it will out. Ultimately, it is realised that mass immigration’s critics have many valid points, and ministers are forced to change their tune (of course, rarely with any public admission that they were wrong).
“And so the same government that promoted multiculturalism and attacked its critics is now having to admit that multiculturalism was wrong.” (Anthony Browne).
http://www.dailymail.co.uk/news/article-548688/COMMENTARY-The-facts-shatter-Labours-big-immigration-myth.html
The Economist is very pro immigration and pro globalisation, so it is typical of the BBC to invite Emmott on unchallenged as his views neatly dovetail with those of the BBC. Andrew Marr served time there, which tells you all you need to know.
From Wikipedia:
>”The Economist generally supports free markets, globalisation, and free immigration, has been described as neo-liberal. It also supports social liberalism, including legalized drugs and prostitution.”< A summary from Wikipedia of criticisms of the Economist sounds very similar to a certain other organisation ... >“Competitors have a stereotype of Economist writers as hacks: overconfident young graduates of elite English universities who lack originality. James Fallows argued that the newspaper suffers from British class snobbery, pretentiousness, and simplistic argumentation — and that the editorial line is often contradicted by actual news stories. Andrew Sullivan complained that it uses “marketing genius” to make up for deficiencies in analysis and original reporting, resulting in “a kind of Reader’s Digest” for America’s corporate elite.”
In addition to its enthusiasm for continuing mass immigration into the UK, [see 9:19 am above] the Labour government, (with the BBC’s pro-EU support) can expect the EU superstate to assist with the UK’s economic recession:
“New recession threat to Britain as euro zone goes into a downturn”
http://www.thisislondon.co.uk/standard/article-23532636-details/New+recession+threat+to+Britain+as+euro+zone+goes+into+a+downturn/article.do