Sorry, your Lordship, but I just can't stop myself nicking things from other people's blogs especially when I am straining every brain cell in my body trying to remember exactly how the clothes washer and drier work, whilst emptying the dish washer, mopping the kitchen floor after first ridding it of cat sick, panicking over what the hell I'm going to cook heat for dinner and maintaining a steady supply of coffee for ''er upstairs'! So, here, shamelessly stolen, I'm afraid, is an economics lesson for 'Miliband of the Lower Fifth' from the Headmaster, aka: Tim Worstell, who heads his lesson, thus:
Dear God the Miliboy is an ignorant cunt, ain’t ‘ee?
If your price controls lead to the price charged being below the free market
price then there will be a shortage of whatever the good or service is having
its price controlled. And if your price control is above the free market price
then what’s the fucking point?
This is just arse dribble from the Miliboy. The only important question is
whether he just thinks we’re stupid enough to fall for it or whether he’s
actually stupid enough to have fallen for it.
Couldn't have put it better myself, although I might have managed it a little more politely but you know what a foul-mouthed lot those City tykes are!