The prime minister is in serious danger of presiding over a lost generation. If that happens, he can kiss goodbye to his dream of an 'aspiration nation' (and ending the welfare dependency culture will be off the table, too).
Despite Cameron exceeding expectations at the podium, he was upstaged by a man who might one day take his place (though of course, he won't overtly admit this): Mayor of London Boris Johnson.
Unlike Cameron - unlike any other Conservative in the last 15 years - the Mayor of London is a winner. To get elected once in a Labour-leaning city is no mean feat. To do so twice is a very impressive achievement indeed (as is not totally cocking the job up in between).
Articulate and confidently executed, Cameron's speech today proved that he is the Prime Minister, not Boris. There is certainly a place for Mr Johnson in the Conservative Party; however, the top job seems firmly in the hands of Cameron at present.
Once again stealing the limelight on centre stage, Boris Johnson has lifted the spirit of the Tory party conference and has unsurprisingly hit the headlines whilst doing so. Does he secretly have ambitions of one day leading the Conservatives? Let's see where we are in 2016.
Back in the 1990s when I was some sort of feckless idiot, I was a member of the high-IQ organisation Mensa. I know what you're thinking, but the stark truth is that they know how to throw a good party, and I have yet to apologise to forthright TV critic Garry Bushell-On-The-Box for making off with his umbrella after a boozy Mensa evening in a rainy London.
When faced with pressure or adversity, such as not being allowed to leave Downing Street through the important gate, the people of independent means - spoilt brats you might call them - are more prone to hissy fits like Mitchell.
Boris Johnson stood on the Mall and bid a passionate farewell to the London Games. While I've seen American friends do it, this was the first speech by a politician that I've seen Brits post on Facebook. What was the difference? Well tone wins the day. Yes, Boris has a delicious mastery of the English language.
Some may argue that scepticism about political leaders is healthy in a democracy, that there is no reason to automatically defer to politicians and that they can still get on with their jobs even if they are not the most popular or respected people in the country.
In one of the most controversial moves of his first reshuffle David Cameron pushed Justine Greening out of her job as transport secretary and brought in chief whip Patrick McLoughlin.
It is really disappointing that the debate about aviation capacity in the South East has become about Boris Island versus an additional runway at Heathrow. The issues about the provision of capacity and how best to deliver it generate many more options. This is a debate which needs to be conducted in the interests of Great Britain PLC. Sadly it seems to be more influenced by those who live under the Heathrow flightpath and those who are so scared of airport expansion anywhere near their own backyard they somehow think that plonking an airport in the middle of the Thames Estuary is the magic solution.
"We all have multiple identities," says Tony Parsons when I ask him whether he feels more of an Englishman or a Londoner, "but I certainly feel like I'm both. But I also feel British.
Aside from yet another tedious round of Oxbridge bashing, the BBC's new series Young, Bright and On the Right fundamentally misunderstands the nature of our Oxbridge-educated political elite.
Well Boris certainly pulled one out of the bag. Surely the London 2012 Olympic Games will be remembered by many as a games that was participated in by not only the Olympians, but also by the spectators and volunteers.
In truth, the Olympics represent the world coming together. It is the world coming together in a time of crisis, in times of trouble, but coming together nonetheless. I watched in Wembley as people who had never been to Japan or France cheered with all their hearts for a team made up of people that did not speak their language.
Some people have excitedly speculated on the possibility of Johnson becoming PM one day. If he ever makes it to the highest office in the land, I suspect his old world charm will be rapidly evaporated by his instinctive and ruthless elitism. But by then, of course, it will be too late.