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Making the world smile, one muscle at a time

Are there parallels between Thatcher and Cameron?

by Marrick on April 8, 2013

“Thatcher is dead, long live Thatcherism” is the toast in a thousand London clubs as hard faced bankers get all dewy-eyed and sentimental about the late Tory leader and the most divisive Prime Minister of the second half of the twentieth century. In common with her acolytes, Cameron and Osborne, Thatcher was quick to give […]

Is the 25% cut in the deficit real?

by Marrick on October 24, 2012

One of the things that has been much trumpeted recently is the government##Q##s “success” in cutting net borrowing (the deficit) by 25%. I thought I##Q##d look into it. Here are the net borrowing figures for the last few years – just before the financial crisis and just after: 2007-08 £40.3bn 2008-09 £104.2bn 2009-10 £167.4bn 2010-11 […]