In 1982 it was a war in the South Atlantic. In 2009 it has been moats, manure and the flipping of houses. Different mechanism, same outcome: the economy has been taken off the front pages.
Unlike the liberation of the Falklands, this is not unalloyed good news for the government. Voters may well blame Gordon Brown for the recession but Labour’s poll ratings perked up on the two occasions the prime minister was seen as getting on top of the crisis – last October’s bank rescue and the G20 summit last month.