A barely-coded message from the mayor:
The doomsters may or may not be right in saying that we are on the verge of a recession or a depression or a slump. But I know I am right in thinking that we will come out of it, and the only question is in what state we come out of it. We will beat this recession more speedily, and emerge in far better shape, if we make sure we put people to work in projects that boost the long-term competitiveness of the country.
That means investing in the things that can radically improve the transport, attractiveness and general liveability of the capital city, the motor of the British economy. We may be in a hole, but the lesson of history is that tunnels and bridges and dams can bring jobs and growth.
Let's spend our way out of the recession, just like in the good old days! Though not, it appears, on the Thames Gateway bridge, the Cross River Tram or the DLR extension to Dagenham Docks. How about a new airport instead? Just thought I'd mention it. After all, he does.
