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.
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