Crisis, What Crisis?

The Glorious Successor has informed us that all will be well, and that, since the economy has been in his charge for the past decade, it is well placed to come through the present "difficult economic circumstances". This is certainly reassuring. Gordon acknowledged that people were suffering "pressures on their standard of living" - nothing so direct as a falling standard of living - because of "rising food and fuel prices and credit crunch"; though fortunately not inflation, since the wages of those who don't matter very much have been kept properly low. As a result, Britain enjoys "high employment, low inflation and companies in good financial health"; the financial health of mere individuals being at best a secondary concern.