The Great British Economy Disaster
John Lanchester: A Very Good Election to Lose, 11 March 2010
“... position in 1981, Reagan never missed an opportunity to criticise the economic legacy of the Carter administration.) The Tories might well reset the inflation target, on a desperate-times-demand-desperate-measures basis, and assuming there will never again be as clear-cut a window of political opportunity. Inflation might not be far off 4 per cent ... ”