Wednesday, October 05, 2011

The World Is Run By Idiots

I made a joke about this thinking on Twitter yesterday, but I was premature. Cameron actually claims to believe that in order to grow the economy everybody needs to spend less.

Prime Minister David Cameron is set to tell British households to pay off their credit cards as he warns that the only way out of the current economic crisis is to deal with debt.

Contracting our way to expansion...

...apparently the speech has now been revised.
David Cameron will now say that:

"The only way out of a debt crisis is to deal with your debts. That's why households - all of us - are paying off the credit card and store card bills."

The section released to the media yesterday read:

"The only way out of a debt crisis is to deal with your debts. That means households - all of us - paying off the credit card and store card bills."

Still 100% wrong.