If it’s the economy stupid, then Labour is doomed at the next election

Defeat is written all over Douglas Alexander’s face on the BBC News Channel, and SNP deputy leader Nicola “Gnasher” Sturgeon is trying very, very hard to contain her grin. Mentally, she’s punching the air. What jumps out at me is that Labour’s intends to blame defeat on the economy. But can someone explain to me why that makes it okay? The economy is bad now, but will get much worse next year. If the bad economy means people want to whack Labour, then just think how the general election would go.