But then Lord Young explained the situation. What we're suffering is only a "so-called recession" and most people "have never had it so good". Ah, so Cameron's inner circle aren't nearly as worried about the economy as they'd like us to think they are.
They see the recession as a blip; it's manageable- and there's cash down the back of the sofa for the things they really want to do- like helping out their enterprising friends. The crisis talk is to soften up the rest of us for a set of cruel and destructive policies- throwing public servants out of work, dismantling the welfare state, harrassing the weak- that are a matter of choice, not necessity.