While it is legitimate – indeed, essential – for businessmen
to demand experienced men at the head of affairs, this blog is careful to
maintain strict neutrality in matters of party politics.
So, in discussing the need for proven leadership through
this current crisis, this blog will maintain that neutrality by praising one
political party and offering friendly advice to another.
Lord Mandelson is, justifiably, a controversial figure in
Britain, but he is one of the few leaders of the ruling Labour party with
substantial experience of the private sector. His return to the Cabinet is, on
balance, good for business.
The opposition Conservatives should do something similar.
Their chief economic spokesman, George Osborne, seems too immature to be the
steady hand in a storm. He should be replaced by a heavyweight in every sense
of the word – Kenneth Clarke, QC, who, as a very successful Chancellor of the
Exchequer in the 90s, started the period of prolonged growth that has just come
to abrupt end.
Now, more than ever, Britain needs the wisest heads from all
parties working on the economic problem.
That category surely must also include the Liberal Vince
Cable, who warned consistently of the dangers of too much debt, but perhaps not
the Scottish Nationalist Alex Salmond, who recently suggested an independent
Scotland could model itself on... er... Iceland!