Economist, worked in media and the financial sector
Ramesh Patel read economics at Sussex University, worked in media and finance from investment adviser to commodities broker in metals and currencies. Currently writing a book on the UK deficit Myth and the real agenda of the right and left.
The aim of this three-part article is to demonstrate that every deficit narrative and soundbite question or statement that you have heard parroted thousands of times are simply tricks aimed to mislead people.
Now, for my next trick I will reveal how George Osborne pulled the rabbit out of the hat with his structural deficit claims. Through the art of misdirection, trickery and with a few good lines of bulls**t he has sold people an illusion that black is white and white is black.
As a Conservative I have no pleasure in exposing David Cameron's deficit claims. However, as long as the party continues to talk down the economy via the blame game, confidence will not be given an opportunity to return. For it is an undeniable and inescapable economic fact: without confidence and certainty there can be no real growth.
Its quite hilarious how George Osborne passes off proverbs and idioms as economic fact. What is more surprising is his use of childish tricks to mislead the country. Now either George Osborne really thinks idioms and proverbs is the basis of economic theory and fact or he is pulling a fast one to justify policies. Common sense tells us all it's the latter.