Monday, 28 July 2008
So who is in charge? Fisking the UK Treasury team
With Brown on holiday we are left in the bosom of Harriet Harman to see us through the new disasters that befall our country.
In economic terms though the worst may yet be to come. Another leg of the credit crunch would finish off HBOS or another major bank. Ramapant inflation may yet break out further and there likely to be a run on the pound as the Government loses control of the public finance.
So who is there to save us, who can be our Dark Crusader?
We already know about the all-round uselessness of Badger Darling...but what of his supporting cast? I present the treasury ministers and their cv's -
Yvette Cooper, Chief Secretary - Queen of Trophing & Mrs. Ed Balls, Harvard and LSE so a good background. Then a journalist for a short time before becoming a full time wonk. No real career experience in the private sector at a management level.
A good wonk cv and excellent academics, but no experience of business- One of these in team would be excellent...
Jane Kennedy, Financial Secretary - 8 years of Government experience, never worked in private sector, ex-councillor, care assistant and Union rep.
You couldn't make it up! Utterly unqualified to fufuill this role - imagine if she had to apply and interview for the job...
Angela Eagle, Exchequer Secretary - Oxford educated in PPE, only ever 'worked' for Unions and the Labour Party.
Ok another Blair babe wonk - still no real work experience.
Kitty Usher, Economic Secretary - Oxford Educated in PPE, only ever worked as a councillor and policy adviser.
This is repetitive now is it not? I fear for the group think there must be when they get together! Lots of time to argue the toss with civil servant too...
Liam Byrne (part-time), Revenue Protection - Harvard as a Fulbright scholar, Andersen Consulting, NM Rothschilds. Author of numerous policy papers as a member of Social Market foundation.
Wow, a man with a career in business and politics. Shame he is the most junior and only a part-timer at the treasury.
Gordon is being urged to do a re-shuffle. The lot above are in desperate of a refresh. No experience of business let alone in a downturn. No doubt all very keen the minutiae of tax law which is all very well but not what is called for right now. It says alot about our economic situation that it is in the hands of people who have never really worked int he private sector.
Posted by CityUnslicker