How Ghastly!

Governments have introduced financial measures into the public sector….

Disgusting, eh?

The people who piss away nigh on half the nation´s entire production are using "financial measures" to do so!

Jeebus. They´ll be using balance sheets, auditors and spreadsheets before you know it.

2 thoughts on “Disaster!”

  1. So far as I could tell from the article, this woman hasn’t got a clue what she’s talking about. I don’t mean that as a petty insult, I mean like the girlfriend in Spinal Tap talking about how they should have “Dubly” on their new album kind of, not a fucking clue kind of thing.

  2. @ Ian B, but what about this bit …

    “Before the dominance of finance took hold, companies and individuals stuck to sensible, long-established norms. Any deviation from that meant a much higher cost of capital. Bank managers rationed lending, building societies rationed mortgages, the government rationed the financing of the public sector.”

    So it’s not even clear if she thinks it’s a good thing or a bad thing!

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