Are the 1980s back all over again

23rd August, 2010

1980s back all over again

This thought went through my mind over the weekend. The CAO ‘points race’ starts again. Violence in the North. Huge levels of unemployment and public debt. But, if they are back again remember the 90s followed the 80s, a period of huge job creation, improving public finances and so on. Just shows that in the boom we make the mistake of thinking that it would never end. We can’t think the same during the bust.