Boom and Bust


My favourite cartoon over the conference season is the one above - from Morland - which appeared in The Times newspaper. 

The person being squished by the elephant is none other than Ed Balls - the shadow Labour Chancellor and arch-henchman of the former Chancellor and Prime Minister - Gordon Brown.

Eliminating 'boom and bust' from the UK economy was one of Gordon Brown's favourite and more ridiculous claims - but his two key allies during the period when Gordon Brown finally became Prime Minister where of course - Ed Balls and Ed Miliband.

Both Eds (Balls and Miliband) were at the heart of the last Labour Government which fuelled a debt driven crash of the UK economy - while making other mad decisions such as attacking the lowest paid workers in the country - by abolishing the 10p tax rate.

And that is why the elephant in the room joke makes me laugh like a drain - as the giant pachyderm planks its big arse on Ed Ball's shoulders - just as he's about to tell the country about Labour's plans for rescuing the economy.

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