26 May

Talk of the economy being in desperate trouble mistakes the economy for the budget. The old normal was a tiny group of each society hoovering up most of the money, and the 'economy' then unable to function because the job of money - to exchange - can't work when most of it is being hoarded by a tiny few. Everyone else then needs debt to even survive. A business-led recovery is putting the cart before the horse. Tax the hoarders and spend, and watch that 'economy' hum. Business doesn't create jobs - customers with money create jobs.