Recession? What recession?

Dizzy has what you might call a Jim Callaghan moment.
In a way, though, Dizzy is right. For those paying the right sort of mortgage and who have stayed in employment, the drop in interest rates has increased their disposable income quite substantially over the last year. For those on a fixed income, with savings and no mortgage, (the majority of whom are elderly I would guess) the picture will not be so rosy.
Guess which section of the population is most likely to vote. Ouch!

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10 Responses to Recession? What recession?

  1. Brian Hughes says:

    I thought of you this morning when I glimpsed a huge headline on today’s Telegraph declaring the restart of the class war. Lovely.
    Aux armes citoyens!

  2. Justin says:

    I think you’ll find Bob that he’s having less of a Callaghan moment and more of a Boulting Brothers one.

  3. dizzy says:

    I knew someone would say that about Callaghan. For me I guess it was just a perception thing as you walk the streets more, and I accept that perhaps in the south it is hitting people behind closed doors rather than manifesting itself on the streets. I did a straw poll through the office this morning and the general feeling was “yes there is a recession but I’ve not had to change my lifestyle”

  4. David Duff says:

    I, for one, can hardly wait!

  5. Bob says:

    Well go now, before you mess your trousers.

  6. David Duff says:

    Somehow, I don’t think it will be me in the smelly stuff!
    Incidentally, Bob, isn’t it time you put your compassionate, out-reach, socialist principles to work and open a help-line for ex-MPs? There’s going to be a lot of them in a year’s time. Come on, man, they’ve taken care of you in the last 10 years, and what a job they made of it, now it’s your turn to stand up and help relieve them of all those second homes they can no longer afford – er, because we’re not paying for them anymore.

  7. dizzy says:

    Regarding Justin’s comment I was rather mildly amused by the fact that it came from someone who bemoans partisanship so much and then, when the time is right fails so dismally to make a distinction between a post of mine that is obviously partisan and one that is merely observatory by making a comment that starts from a partisan assumption.
    Dizzy’s homophobic remarks have been edited

  8. Bob says:

    Duffy – get a life man.

  9. Bob says:

    dizzy has pointed out that his suggestions of homosexual behaviour to Justin earlier in this thread was not homophobic. I am happy to correct that accusation, but it remains deleted for being a foul-mouthed offensive rant, and the sort of smear tactic that sends Tories in to fits of rage if it is about members of the Shadow Cabinet.

  10. Bob the Black Country Brummie says:

    Blimey Bob a Labour politician recognising that pensioners might be in trouble during this recession. I tried talking to my MP and as you know I’ve raised the issues many times on my blog but are they listening NO! My present view after this budget is that any pensioner except for perhaps the very poorest must be quite mad if they consider voting labour. On the even more scary side for us is that Cameron will win and he has no published policy on the issue. Vince Cable however seems to understand maybe because he is one of us but his lot have no chance of winning so pensioners loose however you look at it.
    We need a revolution for pensioner power