The costs of borrowing for the UK government have fallen to the lowest since the 1980s. Long time ago the 1980s. A generation. The credit rating agencies are confirming the UK's triple A status. And the costs of the mismanagement of the UK economy, and the fears of what that mismanagement might have done to our ability to borrow at all, recede.
Meanwhile, Her Majesty's Opposition does its level best to undermine this outcome. They are in wholesale denial of any need whatever to cut our coat to fit our cloth. They are also committed to a political stratagem of splitting the Coalition government and forcing either a general election or a Labour administration supported by the Liberal Democrats or, a remote alternative but much beloved by the Union Thugs' wing of the Party, major civil unrest resulting in the Coalition government reneging on its deficit-reducing programme.
This is not Opposition. This is destructive irresponsibility for party political ends. And the BBC needs to examine its conscience too.
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Are those the same credit rating agencies whose American work left so much to be desired?
Yes, Raven. But they're what there is and their view is still important for those investing huge amounts of money.
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