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Re: General Election
The ‘Output, prices, and jobs‘ section of this week’s Economist clearly shows that there are at least five G20 countries still in recession: Britain, Canada, Mexico, South Africa, and Russia. Spain, who attend G20 meetings, are also still in recession.
this was posted december,on an economics site, seems the others on this list have come out of recession P.D.Q.?:confused: |
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UK recession longest and deepest since war, says ONS | Business | guardian.co.uk (We've since come out of recession with 0.3% growth) |
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Now I'm off to the pub to waste some more money. :D |
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5/6 on Labour to win in Hyndburn. Worth a punt surely.
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I'll be alright though, this time I won't be on the Dole with a family to bring up. :) |
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Have you gone all misty eyed, remembering the 'good old days'? :rolleyes: |
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Wait for it, it's an oldy but a goodie, That was the number of them we could see through the roof where the slates had gone missing. Bumtisheythangyouw. If I hadn't spent so much time sleeping under it during those days just for the price of a 5p piece I could have been at the end of the Pier. http://farm4.static.flickr.com/3073/...2a8c18fd36.jpg |
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Last Saturday I was reading an article by a prominent economist, who was talking about the dangers of a double dip recession (which basically means that we go back into another recession. He said that if Labour win it was unlikely we would go into a double dip (unless other European countries go back into recession which would have a bad effect on the UK economy). However, if the Tories win with their promises of cutting public spending - which in effect means cutting capital projects such as school building projects, elevate etc. This would have a catastrophic effect on the economy putting large numbers of construction workers out of work, which would in turn have a domino effect on other companies that supply builders. It would also have a multiplier effect on shops etc where the unemployed had bought food and other goods. Not to mention the loss of tax income and the large amount of welfare benefits (job seekers allowance, rent and council tax benefit etc) that would be paid.
Maybe this time round the Tories want to destroy another section of the British people - with Maggie it was the miners and manufacturing industry. |
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