Misery Index: Summer Sunshine

With temperatures hitting the thirties, the Aussies capitulating at Lords and borrowing down last year, it’s smiles all round this summer. Unemployment fell again this month and, crucially, Public Sector Net Cash Requirement is down at 3.1 from last month’s high. Which all gives us a summer Misery Index of just 12.03. Pimms o’clock…

N.B. stats bods can check Guido’s adding up here.



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President Trump at the UN:

“The problem in Venezuela is not that socialism has been poorly implemented but that socialism has been faithfully implemented.”

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