Purnell : We Can't End Boom and Bust

Smiling James PurnellJames Purnell won’t thank Guido for wishing this out loud, but when the civil war starts in the Labour Party after the general election, may Purnell be on the winning side.  If he wins a not forgotten Thatcherite aspiration will be realised – we will no longer have a socialist opposition party.

He gave a speech in Chile yesterday setting out how he thinks capitalism should be saved, how it can be more egalitarian and predicting that the next decade will be capitalist.  He also wants less power for the state and politicians –  which all sounds very much like a Thatcherite agenda for popular capitalism.

The coded bit of the speech that struck Guido was this:

People are worried about the extraordinary instability that was bubbling below the long boom of the last two decades.  We can’t promise to end instability.

Who presided over that bubble? Who promised to end the instability of boom and bust? Do you think Gordon Brown will be happy with the speech?


Seen Elsewhere



Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

In response to the news that Emily Thornberry described the Lib Dems as “like the Taliban” over their new revoke Article 50 Brexit policy, the former Lib Dem leader responded:

“Come on Emily, if we really were like a Middle East terrorist group, don’t you think Jeremy would’ve invited us to a conference fringe meeting before now?”

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.
Crowdfund Libertarian Music Video Crowdfund Libertarian Music Video