I’ll be darned if I can find it but quite a while back I wrote about my thoughts regarding the economy here. It was along the lines of believing that there is a definite false economy at work in this country. People living off credit cards to meet their monthly bills, while still using them heavily to buy a whole heap of junk they don’t need, in turn racking up more debt.
This morning I was watching an AM show that was talking just about this. Basically with the economic slow down happening here they are starting to look further past the housing prices (which just weren’t realistic). They seem to realise now that the average Brit has been struggling for a long time to keep their head above water. Doh, seriously where do these economists have their heads? I can tell you it is somewhere between their knees and their belly.
Another thought – I was listening to Star FM and they are doing a “greatest hits from the Thatcher years” day. Occasionally they put in memorable Thatcher quotes. Now I can’t say a lot about this lady’s politics but she had it going on when she said “It is not the creation of wealth that is wrong, but the love of money for its own sake.”