The rise of the super pessimist

Covid isn’t the only thing to have developed a dangerous strain in the UK; pessimism has also mutated and is on the rise. BBC news recently reported in horrified tones that the economy had contracted 2.6 per cent in November, barely mentioning the fact that this was largely down to the nation being in lockdown. I don’t know what our national broadcaster has up its sleeve next but I’m expecting a dambing connection between home schooling and black market valium. That kind of contraction during lockdown is actually something to be proud of. The resilience of British consumerism during this last year has been this generation’s Dunkirk. Instead of hopping in tiny boats we’re resolutely buying tiny dresses for parties we’ll never attend. 

However, buried further down the story were some genuinely encouraging signs. In November, house-building, infrastructure and car manufacturing were all above their pre-pandemic levels. So I shared the not so bad news on Twitter.