The American economy is defying odds again. GDP growth accelerates. Employment surges.
Inflation recedes. The British Treasury, meanwhile, fiddles with spreadsheets while Rome burns. This is not coincidence.
This is structural. The United States, for all its vulgarity, has built an economic machine that rewards risk, punishes sloth, and innovates with ferocious tenacity. Britain, by contrast, has become a museum of economic policy, preserving the relics of Keynesian consensus while the world moves on.
Why does the US economy keep proving the doomsayers wrong? Because it has not yet succumbed to the decadence that has paralysed European economies, including our own. The American spirit, however battered by populism and polarisation, still believes in opportunity.
In Britain, we believe in safety, stability, and the gentle decline of a retirement community. The US economy is a storm. The British economy is a tea party.
We all know which one the Treasury should emulate, but we lack the courage to admit it.
