While waiting for the comprehensive spending review, I passed the time watching two clips from British Pathé newsreels of the late 1940s. One featured Welsh housewives moaning about Stafford Cripps’s budget — one so angry at the cut in cheese rations that she threatened to shoot the Labour chancellor. The other clip, in characteristically uplifting tones, unveiled the Bristol Brabazon — the elephantine passenger plane with wings longer than Waterloo Bridge which was supposed to bolster the British aeronautical industry.

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