I have been on holiday for a few days so apologies for the lack of blogging lately.
It is some time since I have used the â€œtrained economist” logo in a blog poking fun at council leader Julian Bellâ€™s wobbly grip on numbers and all things financial. I can only assume from this tweet yesterday that Cllr Bell endorses the loony-left views of Guardian economics editor Larry Elliott. Bell refers to an article that is over a fortnight old which prescribes the following solutions to the economic crises:
- capital controls
- allowing strong trade unions
- wage subsidies
- and protectionism.
With ideas like this Labour will be out of power for decades. Maybe Comrade Bell should throw in collectivisation of agriculture for good measure.