"There is a crack in everything, that's how the light gets in"
(Leonard Cohen)
"Ignore all proffered rules and create your own, suitable for what you want to say"
(Michael Moorcock)
"Look for your own. Do not do what someone else could do as well as you. Do not say, do not write what someone else could say, could write as well as you. Care for nothing in yourself but what you feel exists nowhere else. And, out of yourself create, impatiently or patiently, the most irreplaceable of beings."
(Andre Gide)

"I want my place, my own place, my true place in the world, my proper sphere, my thing which Nature intended me to perform when she fashioned me thus awry, and which I have vainly sought all my life-time."
(Nathaniel Hawthorne)
“A book must be the axe for the frozen sea within us.”
(Franz Kafka)
"All mankind is of one author, and is one volume; when one man dies, one chapter is not torn out of the book, but translated into a better language; and every chapter must be so translated"
(John Donne)
“Never attribute to malice that which is adequately explained by stupidity.”
(Robert J. Hanlon)
"Life is beautiful, but the world is hell"
(Harold Pinter)

Thursday, February 28, 2013

No Alternative to Stagnation

It will take at least another decade to get it back

EXTRACT: Now it is a different story, of course. Osborne wants to have his cake and eat it. Far from being a sign of economic failure, an indication that there might be a flaw in the plan, Osborne is making out that losing the triple-A status - previously the unimaginable - only proves that the government must stick to its guns. Not in denial, but rather a man who just enjoys a drink now and again, Osborne said Moody’s decision was a “stark reminder” of the debt problems facing the country and that, “far from weakening” his resolve, it actually “redoubles” his determination to follow the same plan. There is no alternative to austerity and stagnation. Quite the opposite. What is required is more cuts and sooner cuts. Time for plan A+. As Simon Jenkins put it in The Guardian, Osborne - just like his European counterparts he so disparages - is akin to an Aztec priest at an altar: “If the blood sacrifice fails to deliver rain, there must be more blood” (February 27).
Posted by at 2:17 pm

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