It Isn't a Disaster, It's an Opportunity

Well, here's a thing: having blamed the Osborne economic miracle variously upon the last Labour administration, the weather, the Olympics, the Royal Family and some other, slightly less wealthy scroungers, the Government has now been informed that recession is rather a rah-rah thing after all. Lord Young, a blithering hold-over from the Thatcher era who has been kept in bacillus-like isolation in a Downing Street office since a previous gaffe in 2010, has decided that plunging workers into poverty means nothing but good for the dynamic entrepreneur. The TUC has registered a certain discontent at his remarks, so a spokesbeing accused the TUC of taking a Duncan Smith approach to the facts: "Lord Young doesn't say a recession is a good time, he says it can be a good time to start a business." As a matter of fact, Young's 2010 gaffe was precisely to say that the so-called recession meant times had never been better; he resigned on that occasion, but was sneaked back into office after eleven months. "World-renowned firms such as GE, Microsoft and Disney all started during a recession," babbled Young on the present occasion; the poor old duffer probably believes that all three firms are British and owe their existence to Mrs Thatcher. In a year or two he will no doubt start wondering aloud why the old bag receives no credit as co-inventor of Excel and executive producer of Bambi.