April 25th, 2012

Labour Too Positive About Economy

On the day the recession returned with GDP coming in at what Gordon Brown would describe as “negative growth” the Labour Party released their first fancy Obama-style infographic on Facebook.

Unfortunately it was what is known in the trade as a ‘SMOG’ – a Social Media Own Goal. The bar chart was all too positive…


  1. 1
    jgm2 says:

    Labour Party totally fuck up their economics shocker.

  2. 2
    Hamish Macbeth says:

    The bar chart indeed is positive and not -0.2

    The author is no doubt a shining example of the dumbing down by Labour of the State Education System

  3. 3
    Infuriated of West Mids says:

    I love a bar chart without a scale. It gives me such a sense of confidence in whatever cause it is trying to prove…

  4. 4
    Dissapointed says:

    It is an animation of a bar chart, only an idiot would think it represents growth figures! Come on Guido you can hardly call this a slow news day.

  5. 5
    50 Calibre says:

    That’s balls for you…

  6. 6
    Gordon Brown says:

    Hey,Guido..what’s wrong with negative growth…that bar chart is exactly what I asked for.

    Ooops…just did a whoopsy in my nappy.

  7. 7
    Steve Miliband says:

    Labour are also know as COTHO’s. C*nts of the highest order

  8. 8
    Tom (peeping) says:

    They’ve never been very good with numbers…

  9. 9
    Posh kids are killing music... says:

    Guido, sacked the servants yet?

  10. 10
    Conservative Excess says:

    I wouldn’t worry about it Guido. No sane person trusts Labour on the economy. What should give you cause for concern is that Osborne is spending even more than Brown.

  11. 11
    Pentagelis says:

    Typical dick-heads & they think they are qualified to run the economy.
    Hah, a plague upon all their houses!

  12. 12

    At least half the UK comes under the category no sane person.

  13. 13

    There is no scale to which Labour imbecility can be applied.

    Not even Richter. It goes right off that.

  14. 14
    Pentagelis says:

    Please, please show respect.
    For me at least, a Hunt is the holy of holies; especially if it is freshly washed, sweet smelling, pink & moist with expectation!

  15. 15
    Lenny Labour says:

    i am so full of shit I have split my ring

  16. 16
    Raving Loon says:

    I used to think Labour were economically illiterate, but I now realise they’re just illiterate.

  17. 17
    Some Geezer wot can count, when it counts says:

    Labour are the kind of politicians who, if they wanted to piss away an additional ten percent over last year, but the Coalition only wanted to piss away an extra six or seven, would screech to high heaven about “CUTS!” Their grasp of elementary mathematical principles is extremely charitably described with the word “tenuous.” That illustration surpriseth not.

  18. 18
    A Bloke Of A Certain Age says:

    And the other half is below voting age

  19. 19

    Yes, even if mentally.

    The remaining seven halves are postal votes.

  20. 20
    Tachybaptus says:

    Τhаt іs thе mоst sаνаgе аnd mіsеrаblе еxаmрlе уеt sееn оf whаt hарреns whеn Guіdо’s іdіоt mоdbоt сhаngеs ‘сunt’ tо ‘Huhnе’. Іt’s mаdе іt соmрlеtеlу оbsсеnе.

  21. 21

    Their grasp of elementary mathematical principles is accurately described as non-fucking existent.

  22. 22
    Trinny says:

    Indeed one should not assume that the x-axis (which presumably represents time) is at y=0. It could be at -0.4% in which case it may be fine.

    Then again, this is a bit heavy for the likes of Ed and Ed.

  23. 23

    A fine example of post neo-classical endogenous growth.

  24. 24

    Guido did post this up but it bears posting again for those who missed it:


    The best run bank in the world, which does not want public sector money to support it, pulls no punches.

  25. 25

    Guido did post this up but it bears posting again for those who missed it:


    The best run bank in the world, which does not want public sector money to support

    it, pulls no punches.

  26. 26

    How on earth on do Labour ever hope to be taken seriously on fiscal matters when the man who was the beating heart of Gordon Brown’s disastrous Treasury is the shadow chancellor.

    Labour don’t do figures, they just do lies.

    Unfortunately, after Panorama accused Dave of re-opening the Madelaine McCann investigation at the request of the Sun, it looks like the PM is just as bad.

    Anyone who wants to be a politician should automatically be excluded

  27. 27
    nellnewman says:

    Economically competent labour is an oxymoron.

    Anything they say on the subject is of less value than a piece of coal being hawked as an unflawed diamond.

  28. 28
    Yates.."Of the Yard" says:

    Rupert Murdoch tells Mr Jay:

    “If you want to judge my thinking look at the Sun.”…..TITS TITS TITS….

  29. 29
    nellnewman says:

    Thought it was brown and bliar who employed servants to raise their children, run their houses, sort their gardens, do their ironing, cook their meals, keep their books and pay their taxes.

    Not sure what they do for themselves. gordon apparently can’t even pull on his own trousers let alone execute a decent knot in his tie!

  30. 30
    pete says:

    Reminds me of when the state funded broadcaster recently told us that the ost of living had fallen because the rate of inflation had fallen.

  31. 31
    Pentagelis says:

    Good though isn’t it?

  32. 32
    nellnewman says:

    What does one expect of this labour generation educated under such folks as ‘Ed everychildmatters balls’who was adamant we had to educate every child to the lowest denominator possible. Well every child that is except his!

  33. 33
    Pentangelis says:

    Thinking on, isn’t it time Mr. Hughne came to meet Mr. Justice?

  34. 34
    Jimmy says:

    I suppose that would make today a wash overall.

    It’s rather sweet that you would even try.

  35. 35
    Ippikin says:

    God I’ve got a hard-on just thinking about that description of a Hunt.
    Pentangelis, your surname isn’t Duffy, is it?

  36. 36
    nellnewman says:

    Every time I hear that phrase I think of Alice in Wonderland and that hole in the ground edWhite Rabbitballs, the gordon Mad Hatter and Mandy Queen of Hearts.


  37. 37
    nellnewman says:

    Just a thought about that Robert Jay.

    He’s not, is he, a member of that solidly labour Jay family that relate directly back to a certain labour PM is he?!!

  38. 38

    Was it yet another subsidised bar chart
    like all the other bars in That Place ?

  39. 39
    nellnewman says:

    A wash? Does that refer to that immense downpour most of use have laboured through today whilst the leftwing met office and bbc weather are still telling us we’re in a drought and climate change is parching the land?

  40. 40
    willy winky says:

    Labour can’t add up

  41. 41
    Meatspin made me dizzy says:

    I am beginning to wonder if all MPs are hypocritical fools.

    Shurely shome mistake?

  42. 42
    Or says:

    an unflowered hymen – sorry!

  43. 43
    Andrew Efiong says:

    I agree. For all the talk of austerity there’s almost no cutbacks in government spending. Some services have been cut but others are still growing out of control.

    High time we took the scalpel and chainsaw and cut out the wasters. Sack all the pilgrims for example.

  44. 44
    Ocean Finance says:

    Of course you can borrow your way out of debt.

    It’s certainly been a successful approach for us.

  45. 45
    I talk sense says:

    The Tories have not cut anything. The dole scroungers are still scrounging. Until they tighten the screw and it starts to hurt the country is still on the downward spiral. We need to leave the EU and cut the bloated public sector.

    House prices need to crash and the banks should go bust.

    Simple really.

  46. 46

    So we have a son-of-Blair/son-of-Obama/son-of-Clinton type Mormon GOP candidate running for president across the pond.

    No better than here, really. Just add a few zeros onto the debt.

  47. 47
    Gordon Brown says:

    My calculations were entirely in the imaginary plane.

  48. 48
  49. 49
    DFID says:

    Was it sp@ce or was it r@ce that fell foul of the modbot?

  50. 50
    Hang The Bastards says:

    90% of the Labour Party are looking at the graph thinking “I dont see anything wrong with it”, the other 10% don’t know what it means.

  51. 51
    Frank N Stein says:

    Another best-selling horror story.

  52. 52
    Larry the cat says:

    Cool down S’s cat. Just stick up your tail, purr and rub your fur around the boss man’s ankle, it works every time.

  53. 53
    Kin L says:

    So when Osborne said he would match Labour’s tax and spending policies, it wasn’t a joke?

  54. 54
    Jimmy says:

    Well obviously the world’s scientists will have to reassess the entire AGW theory in the light of the fact that there has been rain in England.

    I must admit it took me a while to realise the comments here weren’t all parodies but there really were people this stupid.

  55. 55
    DFID says:

    DFID channels 19% (£1.18bn in 2009) of its budget through the EU institutions.


  56. 56
    Ed Balls says:

    Schools must not produce winners.

  57. 57
    Fish says:

    Uurgh. Bully Balls on Labour’s Newsnight.

    He’s not spoken yet but his body language shows the nature of the man

  58. 58
    DFID says:

    Sussed it. The Pee in the Europe@n union was the problem.

    Fat Bot Ab Bott has a lot 2 answer 4

  59. 59
    Synic says:

    Sack Hunt. Close down the Ministry of Culture Media and Sport immediately. It is a totally pointless waste of taxpayers money.

  60. 60
    Nad Mad says:

  61. 61
    Ah! Monika says:

    too far and too fast within the first minute

  62. 62
    Tachybaptus says:

    Jimmy, I’ve been trying to understand your original comment 33. What is a wash overall? Who is sweetly trying what? Is this a reply to someone else that has got into the wrong place?

  63. 63
    Bur Den says:

    Could not agree more. It is effectively a luvvy quango.


  64. 64
    Drought Update: Day 10. Rain rain rain snow hail floods and more rain. says:

    At least we don’t have to worry too much about the hosepipe ban. I think my lawn drowned about a week ago.

  65. 65
    Fish says:

    Hope youv’e told him that he’s an arrogant posh boy running an arrogant organsiation full of posh socialists

  66. 66
    Ah! Monika says:

    ” I would have controlled the rain to fall over a longer period and not as fast”

  67. 67
    Drought Update: Day 10. Rain rain rain snow hail floods and more rain. says:

    Surely most Labour supporters are looking at it, thinking, “aren’t bar charts the ones that look like cakes? Or are those the cake chart things? FFS, my head hurts. Let’s spend the night using our iPhones to Tweet about the evils of private enterprise.”

  68. 68
    Very sad Tory says:

    Just seen Danny Alexander and Balls on Newsnight. Dear oh dear oh dear, the governments growth policy is really a shambles.

    When Alexander refused to debate with Balls that says everything.

    What an absolute fcuk up those 2 infants Camoron and wee Georgie are.

    Where the fcuk is the Tory leadership we deserve?

  69. 69
    Jimmy says:

    I was simply referring to the rather touching lengths to which our host has gone to find something, anything, today that could be described as bad for Labour.

  70. 70
    The British Public says:

    Lidl are doing a special offer on hosepipes at the moment.

  71. 71
    Britain - a now ruined country. says:

    Have you noticed that Balls has started to portray all of the mannerisms of Brown, each time he appears he seems more crazy and obviously doesn’t comprehend that his every sentence is rubbish. I commented quite a while ago that I thought Balls was mentally unbalanced and I see nothing to make me change my mind.

  72. 72
    The British Public says:

    Labour’s continued existence is bad for the country. What happens to the septic parasites who make up the modern Labour Party is of supreme indifference in the long run.

  73. 73
    AC1 says:

    “post neo-classical endogenous growth” = Tax the shit out of the economy because “innovation” will keep it moving…

    Without thinking why anyone would innovate except to get around the tax laws.

  74. 74
    AC1 says:

    James Lovelock recently reassessed his CAGW scare and said whoops I was wrong.

  75. 75
    Drought Update: Day 10. Rain rain rain snow hail floods and more rain. says:

    What’s the problem with p*e*a in the Abbot context? I mean, we can point out that she’s a useless fat brain-dead hypocrite – God knows how she became shadow minister for Health – but we can’t say she eats p*e*a*s?

    I eat p*e*a*s. So what?

  76. 76
    East London deserved better says:

    Dont forget he is also in charge of the Olympics. For that reason alone Hunt should be sacked, but no-one cares in Westminster that the games is a massive waste of money being delivered by dolts who have achieved nothing of any value to the local residents of the host boroughs.

  77. 77
    Gordon Brown says:

    I’m not unbalanced. I’m prudent.

  78. 78
    WVM says:

    You fucking dirty scrubber, I’ll only buy my hosepipes at Aldi.

  79. 79

    Have not had a boss since 1986.

    Have had to blame myself for everything since then… :-)

  80. 80
    Drought Update: Day 10. Rain rain rain snow hail floods and more rain. says:

    Lidl would have to.

    (a) you’re not allowed to use them and (b) you don’t need to use them.

  81. 81

    Or get government contracts. Or get their state salaries, perks and pensions ramped up as much as possible with as many freebies thrown in. Or dream up bogus schemes that the public can pay for directly or indirectly. Or get on the EU gravy train. Or …..

    Oh there is plenty of innovation – all going the wrong way. I take my hat off to the likes of you or Sheffield Forgemasters for still trying.

  82. 82

    The only thing wrong with your otherwise accurate statement is the lack of recognition of the modern socialist world.

    Your figures add up to 100%. Theirs don’t. Labour spent the same money a number of times.

  83. 83
    Frozen Planet says:

    Sea Ice has gone gangbusters. What would Huhne do?


  84. 84
    nellnewman says:

    ‘bad for labour’ Oh Dear unfortunate comment = gormlessgordon, hattyharpic, imaginary agw, trashed economy, bliar’s iraq war, pollytwaddle, mandy’s lies, kenlivingstone, militwit, bullyballs, destroyed educational system, welfare benefit cheats………………………..

  85. 85
    The British Public says:

    I love Lidl. They are run by some very funny people. They had a special offer on crash helmets the weekend before the G20 summit and often stack the chainsaws in with the toys

  86. 86
    Tristram Hunt says:

    I hear the local council has had to deport residents to Stoke on Trent in order to accommodate the Olympics.

  87. 87
    Richard Timney says:

    Tonight, while Jacqui is busy having a chocolate cake or three, I’ll be watching one of my favourite films, Clash of the Tight Buns.

    I’m also looking forward to the weekend when she’ll have a girls night out with Margaret Beckett and Patricia Hewitt. That’ll allow me to have a marathon of all my favourite films:

    Inspect Her Gadget
    Men In Black Women
    Star Whores Return of the Cumpie
    Clitty Clitty Gang Bang
    Big Trouble in Little Vagina
    The Sperminator
    Lawrence of a Labia
    Thighs Wide Shut

  88. 88
    Another Engineer says:

    I dоn’t thіnk hе sаіd hе wаs ‘wrоng’ аs such, just thаt thе dооm аnd glооm hаd bееn оvеrdоnе, аnd thаt gіvеn іt hаsn’t wаrmеd іn thе lаst 10 yеаrs, thе clіmаtе sеnsіtіvіty prоbаbly wаsn’t аs hіgh аs thе mоdеls hаvе bееn prеdіctіng. Whіch I thіnk іs fаіr еnоugh.

    Hе’s gоt а lоt оf gооd scіеncе tо hіs nаmе. Hе’s аlwаys sаіd whаt hе thоught аnd аdmіttеd whеn іt wаs wrоng. Mаybе а bіt tоо hіppy fоr yоu, thоugh, AC1?

  89. 89
    And the common denominator is? says:

    Hoon, Huhne and Hunt.

  90. 90
    rocknrolla says:

    Somehow it seems perfectly fitting with the Ed Balls/BBC/Guardian belief that borrowing or printing £10 million, spending it like a drunk sailor and then seeing £1m growth represents a great and totally sustainable success.

    People here, including myself, never shy away from criticising Cast-Iron and his government but solely on the economic approach and basically treating the voters as if they’re grown ups the Tories and Lib Dems do deserve a little credit – certainly far more than the smirking idiots in Labour who are the ones who created the problem in the first place.

  91. 91
  92. 92
  93. 93
    Tachybaptus says:

    Іt stаrtеd wіth sоmе іdіоts whо stаrtеd роstіng ‘rісе аnd реаs’ оνеr аnd оνеr аgаіn whеnеνеr Аbbоtt wаs mеntіоnеd, sо Guіdо рut а bаn оn bоth wоrds, аlsо tаkіng оut ‘рrісе’, ‘арреаr’, ‘Еurореаn’ еtс.

    Muсh аs І lоаthе Dіаnе Аbbоt, І аm hарру fоr hеr tо еаt аs muсh Саrіbbеаn fооd аs shе lіkеs, thоugh рrеfеrаblу аt hеr оwn еxреnsе rаthеr thаn mіnе. Τhе аbusе wаs stuріd аnd dіsgustіng.

    Hоwеνеr, Guіdо hаs usеd а blunt tооl tо bаr thеsе соnsесutіνе lеttеrs іn аll соntеxts, аnd thіs іs рrеttу stuріd tоо. Hе hаs bееn оffеrеd а bеttеr fіltеr, frее, bу thе Раrаgnоstіс, but іs tоо stubbоrn оr tоо іdlе, оr bоth, tо ассерt іt. Hе shоuld rесоnsіdеr, sо thаt hе nо lоngеr іnсurs thе јustіfіеd аngеr оf thе соmmеntеrs оn whоm hіs аdνеrtіsіng rеνеnuе dереnds.

  94. 94
    GIGO says:

    Tachybaptus. I suspect the Guido brand is quite a liberal thing and it is their blog software that is not up to the meal ticket.

  95. 95
    Tachybaptus says:

    Might be the first sign of a ‘little ice age’ we may be going into, caused by a sunspot minimum. The last one of these was in the 17th and 18th centuries (some people reckon it started in the 14th). Too early to tell yet. If it does set in, it will last for decades if not centuries, leaving a lot of scientists looking very silly.

  96. 96
    Jay says:

    Ha ha – great stuff, Guido.

    Piss-up. Brewery. …

  97. 97
    Al Bert says:

    The problem is that most people who describe themselves as scientists today are not actually scientists. They are mostly what just a generation ago were Lab technicians.

  98. 98
    Handycock Economic Guru says:

    I am the only one in this Government who understands economics. Here is my intellectual assessment of the dire economic straits we are in – ‘a tsunami without any tsunami warning.’ I bet you are all impressed by that and how clever I am. Boaz.


  99. 99
    Typical Voter says:

    Ignorant twat.

  100. 100
    East London deserved better says:

    Newham are only doing in public and on a greater scale what Waltham Forest have done for ages: though they favour places like Luton and Birmingham.

  101. 101
    Jaqui's Sister says:

    Had a good wank Tim?

  102. 102


    Great news.

    They discovered Top Quark. Amazing.

    But they never found anything good at all about Labour despite a relentless search…

  103. 103
    Tachybaptus says:

    І’νе bееn lооkіng аt thе WоrdРrеss fіltеrіng sуstеm. Іt’s аbsоlutеlу оrdіnаrу РHР соdе аnd соuld сеrtаіnlу bе wrіttеn sо thаt іt bаrrеd sеquеnсеs оf lеttеrs оnlу whеn thеу fоrmеd whоlе wоrds, е.g. ‘реа’ аnd ‘реаs’ but nоt ‘арреаr’ оr ‘арреаsе’. Аnd thе Раrаgnоstіс, whо іs skіllеd іn wrіtіng suсh соdе, соuld сеrtаіnlу mаkе hіm а bеttеr fіltеr, аnd hаs оffеrеd tо аnd bееn іgnоrеd.

    Оf соursе, thе fіltеr іs еаsу tо сіrсumνеnt іf уоu knоw а fеw рrіmіtіνе trісks, but thаt’s nо usе tо оrdіnаrу реорlе whо wаnt tо wrіtе ‘Еurореаn’ аnd fіnd thеmsеlνеs іnеxрlісаblу mоddеd.

  104. 104
    Plop plop says:

    Must say I was fuming tonight. Costing the Earth (BBC R4) was about Falmouth wanting to dredge out a channel to allow cruise ships in to the docks but the opponents said that sea weed rules.

    Turns out the channel to be dredged is vitually sea weed free any way and when looking at the whole estuary insignificant.

    But EU law is stopping Falmouth providing much needed jobs at no risk to the environment.

  105. 105
    not a machine says:

    Oh well if eds going to stick two fingers up at Kirsty , I liked the bit where he wouldnt even answer keep the cuts , so basically he has no stimulus other than to borrow .
    I am pretty confident that borrowing on large scales in debt crisis , is little more than tarting up the politics of the situation rather than the mechanics .
    Eds idea that US style approach is misleading as he has to accept that you can still be in mess if you have a large debt , ergo a % of growth has to fund the debt In the uks situation eds crucial lack of timeframe is where he becomes unstuck . So eds plan still needs growth , but at a rate that pays down the debts which is the million dollar question for ed , and for a duration of years (I think he must mean at least 10 yrs) , which he seems to think is smart as means he doesnt have to use the word recession , and can call it repayment , but even then its an admission that the ruin was utterly wrong (lets not forget his budget growth forcasts in the closing years) and its slam dunk in that the ruin ran the economy on utterly spurious growth projections based on his lose fiscal policy he was directly responsible for .

    However that is politics , lets not forget labour invented HS2 , again utterly incorrect about what growth would support such a thing , even on his too far to fast theory as every penny would be important in that scenario .best not mention defence budget and aircraft carriers .

    The bad handling of the euro crisis (or the truth about it take yer pick) is what has ultimately led to the concerns about growth , not just in the UK .

    So is the coalition wrong ?, In my view they got off to very good start , with the low hanging fruit whilst ensuring education and NHS could maintain and function . The budget that is hard to feel for foreign aid and defence has most top brass wailing . The plan for inward investment was reasonable enough , but that now seems delayed as wealth isnt spreading nor would it have done under eds plan as under his goverment he cut manufacturing in good times .

    Eds supply side economics based on personal credit and maxing out every other budget was wrong and harmfull to millions of people . and hes making that case again with his too far too fast bore , as we are taxing spending in austerity , which goes on as ring of virtue as high tax high debt until your really busted

    I think he could do more on activity that doesnt pay proper corporation tax (happened under the ruin dont forget , he wasnt collecting tax properly) , i disagree with a number of investment decisions , but I have made those views clear enough . I would have thought starting to make some everyday products and reducing imports would be good although again thats red tape stuff , treaties and agreements and a bit at time so as to not push inflation in retail. I would fast track certain high end technologies to get them to growing markets , we do make some good medical equipment but seem to lack the sales and service efforts . Stop funding the wonk ones .
    The pm was insome ways right , we mustnt just sit on our arses and die , we have to sell the products that are needed , which perhaps means focusing money more thoughtfully .
    I might adjust tax sources , if its a slow growth no matter what (as majority are in debt and not working) , eg put a penny on texts and phone calls , but take it off construction VAT .

    I cant say I believe throwing money at IMF was right either ,EU has just asked for a 6.8% funding increase describing it as starter , I think another 5mn a day to the EU is not on and we should be seeing cuts , I dont expect the PM or chancellor to disagree on it either , weve given the shirt of the back .

    Overall all in my view it depends on eurozone , if they dont get ecnomics right , and it isnt a short blip thing , then he has to cut goverment spending and run a different sort of economy , just have to hope he hasnt signed off the projects already if that eventuality does occure .

  106. 106
    Fatty Prescott says:

    i always enjoy annual growth

  107. 107
    AC1 says:

    I don’t think you understand Guido. He hates us commentators. But you can’t have a blog without comments.

  108. 108
    AC1 says:

    When the high priest of an apocalyptic cult start backing down you know the writing’s on the wall.

    It’s like the pope saying “Mary a Virgin?!, Ha she had more seamen swimming in her than the med!”.

  109. 109
    AC1 says:

    Lets’ just say that exponential increases in debt were hiding the damage done by transfer tax.

    Now there’s less debt growth, the real economy is revealed, and it’s nasty. It’s certainly not easy to run a business employing staff AND pay taxes AND keep a cash flow.

  110. 110
    Heave ho says:

    …can’t even pull on his own… Oooh! you are naughty, but I like you!

  111. 111
    Up in the air with a fruitloop says:

    Oh! Where were you flying to? Hope you paid your airport taxes in full.

  112. 112
    Labour Party Graph Drawer says:

    I obtained an F PASS at graphs I’ll have you know.

  113. 113
    Jack Straw says:

    Nor Me

  114. 114
    Up in the air with a fruitloop says:

    My other half who hails from the other side of the world asked exactly that question too. I do not know the anwser either.

  115. 115
    Worzel Gummage says:

    Are the East Angular Turnip fields still in retreat Nell ?

  116. 116
    Up in the air with a fruitloop says:

    Dead right, I gave up visiting here for some time as the modding was get so bloody stupid. Looks like nothing has changed since.

  117. 117
    Gordon Brown says:

    I circumcised the world using my moral compasses in my imaginary plane.

  118. 118
    A Socialist says:

    Zeroes on the end of a number are just zeroes, they make no difference.

  119. 119
    Taper Relief says:

    Why couldn’t he just have put a match to them ?

  120. 120
    smoggie says:

    Most of the good things in this country were introduced by the Liberals. The only good thing for which Labour can claim credit was free tertiary education.

    But when they realised it was a good thing they undid the deed.

  121. 121
    Alan Johnson, Literature Fulfilment Operative says:

    Quite so.

  122. 122
    A Bloke Of A Certain Age says:

    Any news from Cerne , have they discovered the elusive Higgs- Miliboson yet, you know the particle which is believed responsible for giving Ed Balls some credibility ?

  123. 123

    Morning smoggie. Early as usual.

    The road to hell is paved with good intentions.

    I know. Been there and back myself.

  124. 124

    You will find out that when the interest rates go up, they will make one hell of a difference.

  125. 125
    jgm2 says:

    Or geography graduates.

    Not scientists at all.

  126. 126
    Nice little london flat formally owned by Robert Maxwell says:

    We dont have servants like cleaners but we create fictiious ones and claim on expenses.

  127. 127
    I Remember You Hoo says:

    Mark Thompson is also a graduate of the Marxist organisation, Common Purpose. He keeps that a little quiet though.

  128. 128
  129. 129
    Richard says:

    It just confirms what anybody with minimum common sense has known for years, they are financially illiterate!

  130. 130
    jgm2 says:

    Scientists? 90% of them are geography students. The rest are professional bedwetters.

  131. 131
    Spartacus says:

    looks like the RHS of a Laffer Curve.

    You know, the part where taxation is so high, income from taxation is pretty much zero.

  132. 132
    If I wanted the UK to fail says:

    Or Watermelons with an agenda.

  133. 133

    I developed a business model selling incorporeals in the early 90s. I had a partner that I could trust. We had no business premises, no staff (except I would occasionally hire a friend as temp), we used his phone line as contact because it was based in London and he routed it to me if he was out. I developed my own systems and we could transfer to data to each other by FTP. So no wages, no premises rent, no business rates. Just phones and transport when necessary. I started to stay in B&B’s rather than big hotels as I had before as it was more pleasant, quicker to get to my room and better service at breakfast – oh and one quarter of the cost – win win. We picked up business seemingly effortlessly and the main challenge was sheltering it from the taxman. I even de-registered for VAT as I could not be arsed to do the returns. I could earn much more from my time than I could ever claim back off purchases.

    I won’t state what I was netting but the PM would have been very pleased to swap his pay for mine. Now we have a system in which the corporatists fix things with the gummint.

  134. 134
    Small Business says:

    There is no chance of growth in the economy

    I have a turnover of £450,000 and employ 4 part time workers

    My main activity every day is not running my company

    My main activity is compliance with either Health & Safety regulations, HR regulations or Tax regulations



  135. 135
    jgm2 says:

    The thing is – we have this chap who was in the vanguard of AGW ‘research’ who predicted that, by now, we’d be able to wash our clothes in the boiling oceans and the only folk alive would be living at the South Pole growing grapes – who has admitted that he was wrong. That there has been no measurable global temperature increase for a decade.

    But the bedwetters and ‘climate scientists’ keep insisting they’re right.

    Faced with these inconvenient facts most people would admit they were wrong. But the same fuckwits who insist that the Brownian Imbecility was rock-solid economic genius even though it has been proven to be economic suicide likewise insist that this AGW is real.

    It’s real. You just can’t see it or measure it.

    Like God then? A religion?

    In a past life they’d be examining a dead bumble-bee and declaring that bumble bees can’t fly. Because it’s heavier than air.

  136. 136
    jgm2 says:

    Employing people?

    You must be out of your fucking mind.

  137. 137
    Cameron and his 5 secret meetings with Murdoch says:

    Now the Govt ooops sorry the Courts are deciding who can and cannot be employed under private contract solely based upon age.

    The continual meddling in every aspect of everybody’s lives is terrifying. The inconsistencies of some policies is mind boggling.

    The capitualtion to foreign Nations over how they can treat British Subjects insulting.

    Just how much longer are the people of the UK going to put up with this nonsense? I voted for Cameron to get on top of all this. He has failed on every count and is still spending more than Labour each year – money we do not have.

    Now he is wiping out the middle classes financially.

    Could that Milliband fellow have done any worse?

    Vote UKIP. I see no other alternative.

  138. 138
    Kelp! Kelp! says:

    Saw it too. Total madness.

    What does the MP for Falmouth have to say?

  139. 139

    No – but they did discover Ed’s Bottom – the point from which no circumstance can recover.

  140. 140
    Steve Miliband says:

    8.45am Government doing pretty well so far today.

    They need to get a grip on their communications. The media is allowed to walk all over them and they are constantly on the back foot defending shitstorms.

    Call for Tucker

  141. 141


    Who’s laffing now?

  142. 142
    from spain says:

    do what i did retire and sit back and watch Labour/Guardian /BBC and all the f**king left and right wing media doing their upmost to bring this once great country to its knees.

  143. 143

    One may set axes at any point but if not at zero they must be declared.

  144. 144

    Un balanced ! Who The Fuck are you calling Un Balanced ?

  145. 145

    Did you ever get any of those letters from Labour “Thank You for employing someone”
    Even though you hadn’t even enquired or thought about it ?
    i used to get about three a year they would tell me just how much money the Government would give me if i took someone on
    Wankers !

  146. 146
    Jack Straw says:

    Im rather good at Finance, if only I was the shadow chancellor…

  147. 147

    They haen’t found the God particle yet (or Labours Vote Winning Policy as it is known) and I can’t see that they’ve found the Fermion, but Balls always looks like a pervert with a semi-on.

  148. 148

    …BUT they have definitely discovered the Militwit particle – the band waggon Lepton

  149. 149

    …When they CAN produce whiners.

  150. 150
    Benny the Ball says:

    Shadow Chancellor spe-aking @9

  151. 151
    Benny the Ball says:

    I’ve told you before Jimmy , you really are a goat’s Huhne.

  152. 152
    Benny the Ball says:


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Boris on British Jihadis. Apparently based on MI5 intel:

“If you look at all the psychological profiling about bombers, they typically will look at porn. They are literally w***ers. Severe onanists. They are tortured. They will be very badly adjusted in their relations with women, and that is a symptom of their feeling of being failures and that the world is against them. They are not making it with girls, and so they turn to other forms of spiritual comfort — which of course is no comfort.”

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