28 November 2008
Official: this is a middle-class recession
On the little matter of the recession, the Daily Telegraph has admitted that it is London and the South that will suffer the loss of thousands of high paying non-jobs as the middle class gets hammered into the ground, and you really would need a heart of stone not to laugh out loud at the tales of woe that the paper has managed to dig up from the ranks of the formerly wealthy. The London Evening Standard is now reporting that house prices in the capital have fallen by around £100,000 this month alone, and nobody seems to be able to predict when the recession will bottom out.
Now all this is interesting because over the past few weeks your friendly old Exile has had his ear bent by various types, all of them trying to persuade him that the recession is something that everyone should worry about. This is bollocks, but it is also proof of just how small in number the middle class actually is - otherwise they wouldn't be pathetically pleading for sympathy and support, would they?
Sorry, folks, but just as you left us to rot on the dole after 1979, so now we get to sit back and watch as your houses get repossessed, your possessions sold off at knock-down prices and your wives and daughters go on the knock.
Have you any idea how entertaining all this is turning out to be?