The economy is tanking, the confidence fairy has flown. It's not too late for the coalition to heed Keynes's famous dictum

'The socialists tax the people and appropriate the money'

Kings and Queens used to tax the peasants, and the nobles lorded it over them. Now it's the socialists.

They wasted money on a mediocre education system and on much else. Then they said "there's no money left" and left the country bereft. But now the nightmare is over, the people voted them out, they found a conservative four-leaf clover.

Claig - they wasted billions on a mediocre education system. Billions and billions, and the future economic cost of the failed generation that resulted will be billions more. Of course much more was wasted on a lot of other stuff too, but education is my favourite, favourite wasted opportunity that makes me want to set fire to Labour HQ.

Nobody appreciates public money - not the spenders or recipients. Everyone wants more, so long as it's somebody else's money.

Alice & claig - you guys should watch the video I linked to see where the left (at least those who kinda understand Keynes) think the money comes from.

'Where does the wealth come from, then? The sky?'

Some seem to think heat it grows on trees. But a more pertinent question to ask is "where does teh wealth go to?" Why did the socialists leave a note saying "there's no money left". What did they do with the nation's wealth?

The wealth comes from the graft and sweat of the people. The socialists tax the people and appropriate the money, which they then choose to spend as they see fit.

love the idea that socialists spend other people's money. Where does the wealth come from, then? The sky?

No wonder the liberal media intelligentsia don't invite Littlejohn onto TV much. They don't like the truth, as that Dad's Army character used to say, "they don't like it up 'em"

MoreBeta - I heard (on Twitter - so who knows?) that when Polly was a journalist at the BBC her nickname was 'The Eternal Flame'. Because she refused to go out [and chase stories].

So good I had to save that clip to Favourites

So good I had to watch the clip twice

Fantastic clip. Littlejohn, Daily Mail columnist and voice of the people, exposes the progressives over their climate change agenda.

jackstarb - I dont know what her A level was in but Wikipedia says she did drop out of Oxford after 18 months.

The Keynes vs Hayek video is great and really quite informative and fun.

For similar reasons I also enjoy this video extract from Question Time where they discuss her Italian villa.

Ooh right, thank you. It doesn't look like Stretford though!

MoreBeta - I'm guessing that one A'level wasn't Economics or Mathematics.

Has anyone watched the ? It's very clever and surprisingly fun.

Form wilkipedia

"Shameless is a BAFTA award-winning British drama television series set in the fictional Chatsworth council estate, Stretford, Greater Manchester, England."

Holland Park School was opened in London, UK, in 1958. It became the flagship for comprehensive education, and in its heyday had over 2000 in the student body. It became known as the "socialist Eton"[2], and a number of high-profile socialists sent their children to Holland Park School, adding to its reputation as a left wing institution. Tony and Caroline Benn notably sent all 4 of their children to Holland Park.

The school is currently ranked 778th in the 2011 FT League Table Ranking of econdary Schools.

I thought Shameless was set in Wythenshawe.

Fascinating. They say they represent the people, but from their privileged ivory towers, some call Mrs. Duffy a bigot.

Polly Toynbee was born on the Isle of Wight, the second daughter of the literary critic Philip Toynbee (by his first wife Anne), granddaughter of the historian Arnold J. Toynbee, and great-great niece of philanthropist and economic historian Arnold Toynbee, after whom Toynbee Hall in the East End of London is named. After attending Badminton School, a girls' independent school in Bristol, followed by the Holland Park School, a state comprehensive school in London (she had failed the Eleven Plus examination), she won a scholarship to read history at St Anne's College, Oxford, despite gaining only one A-level.

Interesting.

Wasn't Anthony Lynton Charles Blair a bit similar?

You can fool some of the people all of the time (e.g. dedicated readers of Polly's columns), and all of the people some of the time, but you can't fool the British public all of the time (e.g. readers of the Mail).

From the Polly Toynbee article:

"Labour can only take a commanding lead over the next austerity months by offering a more convincing economic alternative."

Bless .

The irony is that Keynes was born into an upper middle class family, went to private Prep school and then on to Eton and Cambridge.

Why on earth the TV producers of the TV series 'Shameless' set it on a council estate in Stretford, Manchester, I'll never know. Surely it would have been more appropriate to look at New Labour HQ?

But maybe they were socialists and wanted to give us their depiction of the working classes. They called it 'Shameless'.

And when the tap ran dry, they left a note saying "there's no money left".
Then they lecture Osborne, and snipe at him because he went to public school (as many of them did too). Have they no sense of shame?

The last question is rhetorical. We all know the answer, that's why the public voted them out.