,?AT*]3 ,PUTT+ ! FUN BACK 9TO FUN]AL 

,PEOPLE 3 

,AU?OR 3 ,IA9 ,MC,KAY 

,TEXT 3 

,:5 ,I SAW ! HEADL9E ON ! FRONT PAGE ( ! ,MAIL ON ,SUNDAY ?AT ,?AT*] C\LD BE HAV+ A /ATE FUN]AL1 ,I WAS QUITE DISGU/$4 ,?AT ?IS /ORY WAS PUBLI%$ ) ! CONS5T ( ,NO #a1 IT SIMPLY RE9=C$ ! OBVI\S FACT ?AT ,NEW ,LABOR REALLY IS ! *ILD ( ,?AT*]ISM - & H[ BANKRUPT IT IS4 ,H[EV]1 :5 ,I ?\<T AB\T IT ,I />T$ TO ?9K ?AT 9 A WAY IT W\LD BE A FITT+ TE/IMONY ( A BANKRUPT IDEOLOGY :I* HAS FAIL$1 & FAIL$ BIG TIME4 ,AFT] ALL1 AS A FIRM ADVOCATE ( PRIVATIZATION & 0M>KET =CES0 ! FACT ?AT H] FUN]AL IS TO BE NATIONALIZ$ IS A %OCK+ 9SULT TO H] POLITICAL LEGACY & MEMORY4 ,SURELY1 IT %\LD BE PRIVATIZ$8 ,%>ES SOLD TO RAISE FUNS = A PRIVATE EV5T1 ) PRIVATE 9DIVIDUALS REFUS+ TO CO]CE !IR NEI<BORS 9TO M>K+ ! DEA? SO MANY ( !M >E LOOK+ =W>D TO8 

,:AT C\LD BE MORE SYMBOLIC ?AN ,?AT*]'S DEA? BE+ M>K$ BY MEANS ( ! /ATE1 US+ TAX-PAY]S MONEY8 ,NOT1 ,I MU/ HA/5 TO ADD1 ?AT ,I ?9K WE %\LD HAVE A /ATE FUN]AL = ! EVIL WOMAN4 ,9 SPITE ( ITS WOND]FUL IRONY1 SU* A NATIONALIZ$ EV5T W\LD /ILL CO/ MONEY & ?AT IS MONEY BETT] SP5T ON1 SAY1 ! ,N,H,S RA!R ?AN ALL[+ US AN OPPORTUNITY 7IF WE REALLY NE$$ ONE67 TO SIGN 0,D+1 ,DONG ! WICK$ WIT* IS DEAD0 ) GU/O6 ,IT C\LD1 H[EV] BE MOOT AS !RE >E FE>S ?AT ,BRITA9'S OV]/RET*$ >M$ =CES W\LD NOT HAVE ! NUMB]S TO L9E ! R\TE :I* A C(F94 ,P>TICUL>LY AS MANY ATT5DEES W\LD BE SEEK+ TO MAKE SURE %E IS ACTUALLY DEAD4 

,APP>5TLY ! FUN]AL W\LD ACKN[L$GE ! EXCEPTIONAL IMPACT ( H] #a#a-YE> PREMI]%IP4 ,IF BY 0EXCEPTIONAL0 IT IS MEANT 0EXCEPTIONAL 9 ITS BADNESS01 !N !Y MAY HAVE A PO9T4 ,SOME:AT FITT+LY1 ,?AT*] HAS LIV$ TO SEE H] EXP]IM5T ON ! ,BRITI% PEOPLE COME (F ! RAILS4 ,SO>+ UTILITY BILLS %[ ?AT PRIVATIZ+ ,GAS1 ,ELECTRICITY & ,WAT] MAY HAVE BE5 GOOD = 0! ,CITY01 BUT IT DID NOT GU>ANTEE L[ BILLS = CONSUM]S4 ,! 0DA% = GAS0 P>T ( ! ,TORIES POLITICALLY MOTIVAT$ ASSAULT ON ! M9]S HAS BACK-FIR$4 ,!N !RE WAS ! ABOLI%+ ( CR$IT CONTROL1 :I* ALL[$ ! ECONOMY TO BOOM SOME:AT 7JU/ 9 TIME = AN ELECTION7 BE=E ?AT CONSUM] SP5D+ BUBBLE BUR/1 RESULT+ 9 H] SECOND DEEP RECESSION4 ,N[1 AGA91 PEOPLE >E WORRI$ AB\T DEBTS & NEGATIVE EQUITY4 ,/ILL1 0! ,CITY0 DID WELL1 & ?AT IS :AT REALLY C\NTS4 

,WORK]S >E GRUMBL+ AB\T 9FLATION \T/RIPP+ PAY RAISES1 ) MORE & MORE SAY+ ?AT !IR 9COME HAS REMA9$ /ATIC = TOO LONG4 ,CRIES ( 0RIP-(F ,BRITA90 HAVE BECOME COMMONPLACE1 ) ! COMPETITIVE M>KET BE+ RECOGNIZ$ AS LITTLE MORE ?AN COMPETITION 9 :OM AMONG ! FEW WILL EXPLOIT ! MANY ! MO/4 ,) ! UNIONS WEAK5$1 ?IS IS NOT SURPRIS+4 ,)\T ! ABILITY TO TAKE COLLECTIVE ACTION1 WORK]S >E SEE+ MORE ( ! WEAL? !Y PRODUCE APPROPRIAT$ BY !IR ECONOMIC MA/]S4 ,& :O 0TAM$0 ! UNIONS1 SO PRODUC+ !IR SITUATION8 ,?AT*]4 ,EV5 ! LIKES ( ! ,SUN >E MOAN+ AB\T 0FAT CAT0 PAY1 =GETT+ ?AT IT WAS ,?AT*] ?AT WID5$ ! GAP BETWE5 RI* & POOR :ILE1 ( C\RSE1 OPPOS+ 7LIKE ,?AT*]7 ! ONLY MEANS ( COMBAT+ 9EQUALITY1 NAMELY /RIKES & UNIONS4 ,& AS 9EQUALITY SO>$1 SOCIAL MOBILITY HAS FALL5 - AS W\LD BE EXPECT$1 GIV5 ?AT IT IS F> EASI] TO CLIMB A HILL ?AN A M\NTA94 

,RE/ ASSUR$1 :5 ! /ATI/ICS (FICE />T$ TO %[ H[ BAD ?+S W]E GETT+ ,?AT*] ACT$ QUICKLY - & /OPP$ !M COLLECT+ & PUBLI%+ !M 7= EXAMPLE1 ! FIGURES ON 9DIVIDUAL WEAL? & E>N+S74 ,/ILL1 EASY CR$IT 7I4E41 DEBT7 & H\S+ BUBBLES ALL[$ ! SO-CALL$ MIDDLE-CLASSES TO MA9TA9 ! ILLUSION ( WEAL? :ILE BE+ SQUEEZ$ ALONG ) ! RE/ ( US TO MAKE ! RI* WEAL?I]4 ,& AS AN ADD$ BONUS1 DEBT ALSO TRAPP$ ?OSE ?AT UNABLE TO LIVE )9 !IR MEANS 9TO ! SY/EM BY MAK+ !IR LIVELIHOOD 9CREAS+LY DEP5D5T ON NOT ROCK+ ! BOAT4 ,TAK+ /RIKE ACTION IS MU* LESS APPEAL+ :5 FAC$ ) PAY+ ! MORTGAGE OR CR$IT C>D BILLS4 

,:ILE ! TAX-%>E UND] ,NEW ,LABOR IS HI<1 IT HAS NOT QUITE REA*$ ! RECORD LEVEL A*IEV$ UND] ,?AT*]4 ,TALK+ ( TAXATION1 %E LOV$ MAK+ IT REGRESSIVE4 ,UND] H]1 ,V,A,T 9CREAS$ FROM #h.0 TO #a#g4#e.0 & WAS ALSO LEVI$ ON UTILITY BILLS = ! FIR/ TIME4 ,H] CUTS 9 9COME TAX = ! RI* W]E PAID = BY RIS+ 9DIRECT TAXATION ON ! RE/ ( US4 ,! PROPORTION ( ,G,D,P SP5T BY ! GOV]NM5T UND] ,?AT*] /AY$ AT >\ND #d.01 YET %E FUNNEL$ IT AWAY FROM WELF>E1 H\S+ & $UCATION & SP5D+ IT ON W>F>E1 A MASSIVE EXPANSION ( ! C5TRAL /ATE P[]S & BUREAUCRACY1 PAY+ = ! CO/S ( HI< UNEMPLOYM5T1 & RIS+ POLICE SAL>IES TO KEEP !M LOYAL4 ,P 

5SION]S >E UP 9 >MS1 URG+ ?AT ! L9K ) SAL>IES BE RE9TRODUC$4 ,?AT*] BROKE IT4 ,TAX-PAY]S >E GRUMBL+ AB\T TAXES1 YET :O WAS IT :O D\BL$ ,V,A,T & PUT IT ON ESS5TIALS8 ,! SUBLIME IRONY ( ! ,TORIES OPPOS+ ,NEW ,LABOR'S EXT5SION ( /UD5T FEES %\LD NOT BE LO/ ON ANYONE :O REMEMB]S :O 9TRODUC$ !M 9 ! FIR/ PLACE4 ,NEW ,LABOR HAS RAIS$ ! NOTION ?AT PEOPLE 9 NEGATIVE-EQUITY C\LD HAVE !IR H\SES B\<T BY ! C\NCIL1 ) !M BECOM+ A T5ANT1 SIMPLY BECAUSE !RE IS NOT 5\< SOCIAL H\S+ AVAILABLE4 ,?US ,?AT*]'S 0RI<T TO BUY0 C\NCIL H\SES HAS COME UN/UCK1 ALONG ) ! H\S+-BUBBLE :I* GAVE ! ILLUSION ( PROSP]ITY FIR/ 9 ! LATE #a#i#hS & !N A DECADE LAT]4 

,WILL ?AT BE ALL[$8 ,ONLY ) C5TRAL /ATE APPROVAL1 GIV5 ! AWKW>D FACT ?AT LOCAL C\NCILS HAVE HAD !IR P[]S R$UC$ BY ,?AT*]'S HATR$ ( LOCAL DEMOCRACY & H] AIM TO C5TRALIZE EV]Y?+ 9 ,:ITEHALL & UNELECT$ ,QUANGOES TO /OP PEOPLE /OPP+ ! FREE M>KET BY VOT+ ! WRONG WAY BETWE5 G5]AL ELECTIONS4 ,!N !RE IS ! AWKW>D FACT ?AT MU* ?AT IS WRONG ) TO-DAY'S ,BRITA9 9 SOCIAL T]MS CAN BE TRAC$ BACK TO ! VALUES %E PROMOT$ SO /RONGLY DUR+ H] TIME AS PRIME M9I/]4 ,! BREAKD[N 9 FAMILIES & COMMUNITIES IS ! LOGICAL RESULT ( M>KET =CES BECOM+ P>AM\NT1 ALONG ) ! NOTION ?AT !RE IS 0NO SU* ?+ AS SOCIETY40 ,& :O SAID ?AT AGA98 ,OH1 ?AT W\LD HAVE BE5 ,?AT*]4 ,& N[1 #bi YE>S TOO LATE1 ! ,TORIES HAVE DISCOV]$ ?AT JOBS >E ! KEY TO A /ABLE FAMILY LIFE6 

,!N !RE IS ! REC5T M$IA CAMPAIGN ON 0BROK5 ,BRITA90 & RIS+ CRIME4 ,UNSURPRIS+LY1 ,CAM]ON HAS NOT M5TION$ ?AT CRIME RATES D\BL$ UND] ,?AT*] - :I* IS UND]/&ABLE1 AS ! ,TORIES LIKE TO CONSID] !MSELVES /RONG ON LAW & ORD]4 ,YET1 AS ) ! ECONOMY1 ?IS 0/R5G?0 DOES NOT SURVIVE A MEET+ ) REALITY4 ,= ?OSE :O W]E PAY+ ATT5TION1 ! #a#i#hS W]E M>K$ BY HI< UNEMPLOYM5T1 HI< 9T]E/ RATES1 HI< 9FLATION1 MASS BANKRUPTCIES & HOME REPOSSESSIONS4 ,?IS WAS A*IEV$1 9 P>T1 BY ! IDEOLOGICAL EMBRACE ( ,MONET>ISM1 ! DISA/R\S POLICY ( TRY+ TO CONTROL ! MONEY SUPPLY4 ,?IS HELP$ PRODUCE ! DEEPE/ RECESSION S9CE ! #a#i#cS1 ) ONE FIF? ( ! ,U,K'S 9DU/RIAL BASE BE+ WIP$ \T & UNEMPLOYM5T ROSE TO ITS HI<E/ LEVEL S9CE ,WORLD ,W> ,I,I1 ) PROLONG$ MASS UNEMPLOYM5T = OV] A DECADE 7& BE/ NOT M5TION ! PU%+ ( ! LONG T]M UNEMPLOY$ ONTO DISABILITY B5EFITS & O!R TRICKS TO >TIFICIALLY L[] ! FIGURES74 

,?AT*] WAS GREAT = ! M9ORITY AT ! EXP5SE ( ! MAJORITY4 ,IF %E IS TO BE BURI$ ANY:]E1 IT %\LD BE UND] AN OP5-AIR DISCO SO WE CAN DANCE ON H] GRAVE4 ,& ! CO/ W\LD BE M9IMAL AS !RE >E PL5TY ( PEOPLE WILL+ TO DO IT = NO?+4 

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,*RONOLOGY 3 
,FEBRU>Y #a#a1 #bba 3 ,?AT*]3 ,PUTT+ ! FUN BACK 9TO FUN]AL -- ,ADD$4 
,JANU>Y #g1 #bbb 3 ,?AT*]3 ,PUTT+ ! FUN BACK 9TO FUN]AL -- ,UPDAT$4 

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