David Cameron tells the British they are not angry, they are pessimistic

By Bagehot

A WEEK ago the Labour leader Ed Miliband used his annual conference speech to place a big bet on the anger of the British public, telling voters that a Labour government would heed their fierce desire to see bankers taxed, capitalist „predators“ regulated, benefit cheats caught and globalisation tamed. This afternoon, the prime minister and Conservative leader David Cameron gave a speech to his party’s annual conference that acknowledged many of the same themes of voter dissatisfaction, but then offered a very different remedy, staking his all on a gamble that what ails Britain is not anger, but pessimism.