Tag Archives: off topic

OT: for amusement (or possibly despair)

From the autumn statement:

First

  • Italy’s interest rates are now 7.2% … And what are ours? … They are less than 2.5%
  • Yesterday, we were even borrowing money more cheaply than Germany
  • Italy’s rates have gone up by almost 3% in the last year alone
  • we will increase the State Pension Age from 66 to 67 … Germany [has] taken similar steps
  • extending support to British mid-caps who can sometimes lack the overseas ambition of their German equivalents
and then …
  • It’s no good endlessly comparing ourselves with other European countries

PS: Fair enough, I took that last one a little out of context … but nevertheless, comparison when it suits, refusal to compare when it doesn’t. Can’t say I’m over-excited by the proposed employment law changes.