CBI Decide That National Sucide Is Best Policy

Having surveyed the wreckage of Britain's economy and concluded that George Osborne has been almost solely responsible for pushing the country into a double-dip recession, John Cridland, the head of the CBI pictured above, has declared that he and the organisation he represents "stand shoulder to shoulder" with the Chancellor. Nothing, perhaps, illustrates better the sheer idiocy of business leaders in Britain or their complete lack of imagination. Despite all the evidence most businessmen still see the Tory party as being "pro-business" and consider the idea of pauperising their customers as a good idea. The truth, of course, is that the Tories instinctively despise anyone engaged in "trade" and have absolutely no idea whatsoever as to how capitalism actually works. After 30 years of moving spending power from the many to the few with the inevitable loss of final demand in the economy, the Tories remain wedded to the ridiculous idea that the national economy is the same thing as a household budget. The reason for this is that the Tories love simplistic ideas that are easy to explain to a largely ignorant electorate even when those ideas are plainly and disasterously wrong. Why the CBI, who really should know better, go along with this utter nonsense is more difficult to explain. They are like a bunch of dinosaurs waving their handkerchiefs at the Tory meteorite that is streaking towards them and voicing their support the forthcoming global extinction event.