The well-regarded economist Roger Bootle recently commented that the circumstances leading up to the present "credit crunch" reflect a "binge rather than a boom".
When news of the former Deputy Prime Minister's bulimia broke yesterday - incidentally, I did think for a moment that Bremner, Bird and Fortune had hijacked Broadcasting House - my understanding of the New Labour Project was, therefore, profoundly deepened.
The fact that, in a world where there are serious food shortages and many people are starving, just why Mr Prescott should anticipate that the British public might feel sympathy with him is interesting in itself.
Hard working people often say to me that what they particularly dislike ("what I can't stand.."!)about New Labour's time in office is "The Greed" to which it has given rise and then rewarded.
News of Mr Prescott's erstwhile desire to chomp his way through the entire menu at his local Chinese Restaurant, and then spew up, may well make many British people, struggling to pay their rising food bills, feel sick.
However, this kind of thing appeals to the neurotic middle classes, who in my view, have come to make up much of the hard core support of New Labour, and have certainly been the main beneficiaries of its policies, including a "bingeing" economy.
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