Wednesday, 8 December 2010

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Scottish first minister Alex Salmond admitted his government had been "caught out" by a "perfect storm" of heavy snow and bitter cold.

But if Mr Salmond had spent a fraction of the time spent on his fatuous climate change agenda on cold weather contingency planning, he and his government perhaps would not have been caught out so badly. His problem, therefore, is this not so much a "perfect storm" of heavy snow and bitter cold as a "perfect storm" of stupidity.

And that is a perfect model for the broader policy issues. While he and his likes fritter away their time and our money on "saving the planet", our electricity supplies are allowed to deteriorate for want of intelligent planning.

COMMENT THREAD

Ambrose looks at the latest situation and offers this:

Yet the underlying tale of Ireland and Iceland, and the tale of the 1930s, is that a devaluation shock may cause a violent crisis – that looks and feels terrible while it happens – but the slow-burn of policy austerity and debt deflation does more damage in the end.
Did the prime minister of Iceland lose his job, and is Cowen still in power? Just. Does that explain anything?