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I enjoyed Pascal Lamy schooling Iain Duncan Smith on #PoliticsLive, including this completely magnificent snooker: if you accept that lowering barriers to trade produces efficiency benefits and cost savings, it’s irrational to deny that erecting them has the opposite effect. 1/3
IDS repeatedly refused to grasp this insisting he understood borders better and that a disorderly exit on WTO rules would involve no border. TO THE FORMER HEAD OF THE WTO. When this was pointed out, IDS muttered he has spent his life exporting when he was in private business. 2/3
NARRATOR: By “all my life” Iain Duncan Smith refers to a spell at GEC Marconi for 7 years in the 80s, where he claims he was director (he wasn’t), after he went to the University of Perugia (he didn’t) and while being educated at Dunchurch College of Management (he wasn’t). 3/3
Using Thatcher against him is so delicious.
