Tuesday, May 15, 2012

As Europe Inches Closer to the Brink of Destruction Conservative British Minister Has the Answer – Hard Work

A Dickensian Message from a Dickensian Country Governed by Dickensians

No one should have any illusions about how serious the crisis is in Europe.  New Greek elections may confirm what everyone besides the European leaders know, which is that Greece will not accept the austerity program imposed upon it in return of a bailout.  Unless Germany blinks and re-negotiates the Greek deal, at some time this summer the Greek government will run out of money and default on both its debts and payrolls. 

The implications for all of this for everyone else, including Britain and the United States are severe.  Britain is already mired in a recession, and if its major trading partner, Europe, goes south the British economy will go south with it.  The Conservative Party which controls Britain though has figured out the problem with the British economy.

Foreign Secretary William Hague has said there is only one answer to Britain's economic woes - hard work.

In a blunt message to the country's bosses, he said they should stop complaining and get on with the business of wealth creation.  .  .

 “There's only one growth strategy: work hard,” Mr Hague said. “I think they should be getting on with the task of creating more of those jobs and more of those exports, rather than complaining about it.”

Wow, here it is where thousands of economists and tens of thousands of government policy experts just don’t know what to do and the British Foreign Secretary does.  And the answer is so simple, hard work.  Why didn’t the rest of us think up that solution.

Mr. Hague has given the rest of the world a double blessing.  Not only has he come up with the solution to a weak economy, but he has also answered once and for all the question of why the Conservative Party in Britain are so bad at governing.

1 comment:

  1. What a Dick-ensian Mr. Hague is. Demand. How many times can these naysayers overlook demand? Labor is ready and willing, just waiting for the Mr. Hagues of the world to do their hard work.