Sunday, 6 May 2012

Deficit? What deficit?

Here’s a plan, Mervyn, Gideon, guys.

Invent something.  Doesn’t matter what, just make sure it’s highly addictive to 16-24s and advertising agencies.  You can do that in your bedroom, easy, especially over a raspberry pie and a side dish of html.

Run it for a couple of years, then launch an IPO and flog it for $100bn.  Deficit, toodle pip!

Uh-oh.  Oxymoron iceberg on the port bow.  You need an idea.  And you’re a government.  Oh well. 

5 comments:

  1. As the deficit is around £970 billion they would have to pull off this trick 9 times.
    Pat Pending is the Irish finance minister.

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  2. Spot on, Christopher, I'll get started on it as soon as I've set up my Enigma machine with the right cogwheels and stecker-board configurations.
    Rog, you are confusing the deficit with the debt, as Stephanie Flanders eloquently explained on the radio this evening - it's the difference between a mortgage and its repayments. (She's much easier to follow on the radio, I find...)

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  3. Tim, it's probably safer, following Stephanie Flanders on the radio.

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  4. All are fearful of the markets, especially now there are deeep rumblings abroad.
    I say ditch the markets.
    Start afresh.
    Markets? What markets?

    ReplyDelete