Changing course is very unwise, as they might have said on the Titanic

Posted on

The attention given to the letter to the Observer yesterday drawing attention to the need for a Plan B for the economy given the obvious failure of the government's economic policy, to which I was a signatory, has resulted in a backlash of comments.

Some are ridiculous: it seems that the best most on the right can do is quibble about the qualifications of those who wrote the letter.

But where comment is supposedly of a higher order, moving on from the level of insults to the level of supposed insight they're little better. Take this, in the Telegraph (inevitably), as typical:

Ruth Lea, economic adviser to the Arbuthnot Banking Group and a former Treasury economist, saw drawing up a plan B as "incredibly unwise". She said: "It's far too early to change course."

No doubt some said that on the Titanic too.

Thanks for reading this post.
You can share this post on social media of your choice by clicking these icons:

You can subscribe to this blog's daily email here.

And if you would like to support this blog you can, here: