The Spectator

Caught in the ratchet Sir: Melissa Kite (‘Hunting for Dave’, 29 December) wonders why the Prime Minister won’t reopen the question of hunting. Is it not just possible that the reason given is the real reason — he knows he could not win a vote on it? There is no point in leading the troops into a time-wasting and embarrassing defeat. I suspect that the hunting ban is an example of ‘ratchet politics’ — once one side has done something, the other side finds it impossible to undo it. (The opposite is ‘ping-pong politics’, where the parties take it in turns to undo the other side’s changes.

There is something about the dying embers of a year which causes the world to concentrate on entirely the wrong story. In the last days of 1999 many were fixated on the so-called ‘millennium bug’ rather than on the real computing crisis: the absurd over-valuations of internet companies which was soon to lead to stock market armageddon. In a similar way the end of 2012 was dominated by dire predictions of what would happen if the US were to fall over the ‘fiscal cliff’. In the event, the fiscal cliff has turned out to be a lightly graded slope. This week the US Congress approved a compromise agreement of some tax rises and spending cuts. An 11th-hour deal was always likely to happen.