It comes to something when business no longer thinks of the Tories as the ‘Party of Business’. It comes to something when you read a serious article (albeit in ‘The Inde’) headed ‘Labour is fast becoming the ‘Party of Business’. It comes to something when our PM sachés on stage to the strains of Abba’s ‘Dancing Queen’. I don’t know about you, but I couldn’t bear to watch.
“Cut interest rates to prevent recession, says Institute of Economic Affairs’ SMPC”
The ‘lag’, ‘trailing leg’ or ‘long wake’ of any economic measure means that its effects are often felt long after the problem it was supposed to solve has disappeared. 2010’s ‘balancing the books within the space of one parliament’ (that went well, didn’t it?), austerity to you and me, is one example.