If Peter Mandelson (or Blair, Brown, Darling, Cable, Benn etc) were, when in government such economic and business hot shots that they knew where all of our money should be invested, then why haven\’t they all made industrial fortunes as economic and business hotshots in retirement?
And it will never dawn on any of these people who Oooo! and Ahhh! in the presence of a former president that if that mortal, who once sat at the big desk in the Oval Office, were really as magnificent and wonderful and smart and wise and productively creative as he and his handlers and party apologists made him out to be while he was in office, he is now nothing but a bum wasting his remarkable talents that could be used to found and operate a private firm (or multiple firms!) that actually puts to a genuine market test the ‘big’ ideas in which he expressed such assurance while spending other people’s money.
The very absence of corporate fortunes made by retired political managers of the corporate economy is rather a telling sign.