Dan Hannan claims 7% unemployment is “boom time”

In response to Mark Carney’s announcement that unemployment will stay high for the next few years and that they’ll keep an eye on inflation, Dan Hannan announced that we were heading for an unsustainable boom. Which is…confusing. I will presume that Dan Hannan (and I suspect Allister Heath) are those referred to by Adam Posen as “crazies or special interest hacks.”

You have to laugh sometimes, else you’ll cry.