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A tiny item tucked away in the Financial Times in mid-April reported the World Bank’s announcement that the number of people living on less than $1 a day has dropped below 1bn for the first time. But dominating the front page was a story about Paul Wolfowitz, the bank’s president, and the perks he is said to have procured for his girlfriend. As Tony Blair huddles together with the last true believers to celebrate the tenth anniversary of his 1997 victory, he probably feels he is the victim of similarly perverse public priorities. Labour’s third term has been a themeless…

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