Saturday, September 13, 2008

A Convincing New Narrative

But there'll be no rescue flights for taxpayers

The top man blames their collapse on the surge in oil prices and the credit crunch. "Money ran out as suppliers began to demand immediate cash payment for services. The banks refused to supply more credit."

So what to do?

Well... er... nothing.

They've collapsed you see. A busted airline just goes bust. The top man, the Board, the employees... everyone loses their jobs. The assets are flogged off to people who can make better use of them. The world says goodbye to XL Airways, and the banks kiss goodbye to another shedload of cash. That's how the real world works.

Ah, but government, that's different.

Yes, they've racked up the same horrific debts, and yes, they blame their current crisis on the same oil price hike and credit crunch. But no, they will not be going. And their bankers cannot refuse to supply more credit. Because their bankers are us, and apparently we have to stump up no matter how much gets pissed away.

So instead of going into immediate administration, the current "idea" seems to be that Labour needs a "convincing new narrative". Never mind that their pants are now a roaring inferno, and if they could still walk that way they certainly wouldn't need the fire extinguisher. According to ex-Commissar Hewitt and 11 other luminaries, if they can just cook up that "convincing new narrative", they'll be back on track.

And what is that narrative? Here's a sample:

"We need to explain what we’re going to do about the things that affect people day to day: inflation and interest rates, household bills and mortgages."

Get the vacuous let's-assume-away-the-problem kind of idea?

We watched Newsnight's "political panel" discussing this last night. It was on just before the Newsnight Review of the week in the arts. Which was no coincidence - vast amounts of the political debate among Westminster insiders seems to comprise nothing more than a search for a narrative. It's politics reduced to a play or a Booker entry.

No successful business could run like that. Businesses have to provide goods and services that customers are actually prepared to pay for.

Yet we somehow allow the arrogant clowns who spin and narrative their way into government, to spend 43% of our money without neccessarily delivering anything we actually want.

As we listened to that studiedly scruffy Labour insider bloke who's married to the bird on the sofa, Mrs T put it in a nutshell: we don't want a convincing new narrative - we just want you all to eff off.

PS Yes, and another thing... why has the BBC got a specialist correspondent covering all the various ways government spends our money (Education correspondent, Health correspondent, Environment correspondent, etc etc), but no specialist correspondent covering the ways the government takes our money? Why haven't they got a Tax and Charges correspondent? Gah.

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