Monday, Apr 20, 2009
Anticipates huge cuts in service provision
Telegraph: Too much stimulus could spell disaster for Dr Darling’s ailing patient
"At some point someone is going to have to confess that the NHS can only deal with items such as A&E, pregnancy and cancer." Keeping on a medical theme," the economy is like a patient in the emergency room who has suffered a heart attack. He has just been given the largest dose of adrenalin and the largest shock from the defibrillator in medical history. If there aren't a few flutters from the heart after that, be very afraid. To take the analogy further, this patient had previously appeared fit but only because he had been taking steroids.." If the media keep coming out with stuff like this everybody will know this -is- the UK economy, not some unfortunate global event taking a strong man down.
1 Comment
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1. Suzyandjoe said...
** Economies are suffering a hangover from the largest credit fuelled consumption binge in history. It will be rather extraordinary if this is cured by encouraging renewed borrowing and spending. **
A cure is not what is wanted then. The [any] government wants us to continue being credit junkies because it creates a feel good factor and 'growth'.