Hi Everyone
As a teenager at school, I took Economics at A level and even managed to pass at the end of two years. Now, as I approach middle age, I have long forgotten most of it but I remember things like "Supply and Demand" and "The law of Diminishing returns". I also learned that if you put ten economists in a room, you will get eleven different answers. It seems that over sixty years later nothing much has changed. In our election a few weeks ago most people wanted a change and with the winning party promising to concentrate on growing the economy, we decided to give them a go. Now they are saying that things will get worse before they get better as the other lot apparently left a black hole of £22 Billion pounds in the economy despite the fact that others say that they had full access to the books before they came to power. But "We all knew it didn't we" as almost the same happened fourteen years ago when the new government accused the old one of leaving no cash in the cupboard. Now one thing that I surely remembered from my economics course is that if you take money out of people's pockets, as this lot are promising to do, then they have less money to spend so where does growth in the economy come from or is it me missing a trick? Whatever happens in the budget in October "We all knew that didn't we".
Back in the early part of the last century, the humble kitchen was very often the smallest main room in the house. Now kitchens have become spacious with island units and breakfast bars. Before the breakfast bar became a must have item the Senior Partner had one in her kitchen in the house rhey moved to after they retired from the Fruit, Vegetable ........... shop. Now I have mentioned before that the Senior Partner was tight with money but occasionally she could not get the better of a smart salesman so had a twin tub Rolls washing machine in the Kitchen. Unfortunately, when she realised that her washing machine had a cable that plugged into the wall and used electricity, it was only switched on twice in the next twenty years. Not to be beaten however the washer made a perfect breakfast bar for the Junior Partner whether he liked the idea or not, but I have no idea what he did with his legs while he was eating his cornflakes. Suggestions on the back of a cornflake packet, please.
I always thought Oasis was a water hole in the desert. Now two brothers who have hardly spoken to each other for the last fifteen years apparently have a group of the same name. This week the news is that the brothers are to get together again sending thousands of fans in a race to buy tickets at inflated prices for a series of concerts next year. Now I have to admit that although I enjoy many types of music, both they and their music fall well below my interest so I cannot help thinking that the only reason they are reforming is that five letter word - money. But "We all knew that, didn't we"? I just hope for the sake of their fans that they make it to the end of their tour before ending their days shouting at each other across a water hole in the desert.
Just a Thought :
Economists are people who are too smart for their own good and not smart enough for anyone else's.
My friend's washing machine caught fire this week. The good news is that she was able to get the washing and drying done all in one go.
Brian
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