I’ve been immersing myself recently in the 1980s for a book I’m working on. Which means that, while I’m a little out of touch with the details of the current recession, I am at least up to speed on the two Thatcherite recessions.
And in Gyles Brandreth’s excellent volume of diaries, Breaking the Code, there’s a fine passage where he’s trying to make small talk with the Queen in 1990. He mentions the recession, and she replies:
‘We do seem to get them every few years – and none of my governments seems to know what to do about them.’
Plus ça change...