Had It So Good
THE DAILY TELEGRAPH: The vast majority of Britons have "never had it so good" because of the low interest rates during the recession, Lord Young, a senior adviser to David Cameron, has declared.
Lord Young, the Prime Minister's enterprise adviser, said a drop in mortgage rates "since this so-called recession" had left most people better off. Speaking to The Daily Telegraph, the Conservative peer also said "people will wonder what all the fuss was about" when looking back at the Government's spending cuts, the deepest in more than 30 years.
He described the loss of about 100,000 public-sector jobs a year as being within "the margin of error" in the context of the 30 million-strong job market as a whole.
The remarks are likely to prove inflammatory after the worst recession in a generation which has led to a sharp rise in unemployment and resulted in millions of workers forced to accept a pay freeze.
Critics of the Coalition will seize on the comments to claim that ministers are out of touch with the impact of government cutbacks on poorer families. >>> Chistopher Hope, and Robert Winnett | Thursday, November 18, 2010
Where did they find this little fossil? It sounds to me that he is suffering from softening of the brain! People have never had it so good? What on earth is the idiot talking about? Try telling that to a man who has to feed his family. This man is living in cloud cuckoo land. – © Mark
Lord Young forced to apologise >>>
The Coalition has never had it so good, more like! >>>
And Nick Clegg’s wife’s law firm seems never to have had it so good, either! >>>
