What is so astonishing is that he gets away with it. If he were the chief executive of a FTSE 100 company, his penchant for constantly overpromising and under delivering would soon have him out on his ear. The Prime Minister seems to have learnt nothing of the art of expectation management. Yet people want to believe, and they therefore forgive his repeatedly disproved boosterism. The PM’s optimism is infectious; unjustified it may be, but the voters plainly like it.
On the economy, however, he may be proved partially right. Things will bounce back fairly rapidly as soon as social