The endless repetition of Chancellor George Osborne trying to blame the weather for the contraction of the UK economy was rather embarrassing yesterday.
Hold your hands up, George. It was a bad result. Sometimes you have to admit things went badly and "go back to the training ground." Labour - in the form of new shadow chancellor Ed Balls - could hardly keep the smirk of its face.
I'm not quite sure why everybody's so shocked about it. All these economists dashing about like startled ants running from a kettle of boiling water wondering what's going on. For those of us running around trying to earn a living, watching the food bill creep up every week, seeing the price of petrol rocket every day, knowing we had to cut back on Christmas presents, and tightening our business belts, the contraction of the economy comes as no surprise.
And with VAT having risen, petrol prices rocketing every day, energy bills on the up and little hope of a decent wage increase, we can all see what 2011 is going to be like.
We don't need a speech from Bank of England Governor Mervyn King to tell us things are bad and "pay needs to be squeezed" (speech Tuesday night). It already has been - we know this!
Why don't they ask a few people in the real world?
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