... but, politicians of all colours should take no great comfort from today's GDP figures, which do show that the UK economy has basically flat-lined over the last six months.
Frankly, I can see little or no justification for claiming that somehow this signifies the economic down-turn is over? For many, many people it's only about to begin as the true impact of recent budgetary decisions start to take hold :-(
4 comments:
You do mean the true impact of the Labour Party's bankrupting of the UK economy, don't you?
Duncan
Thanks for the comment.
No I don't mean that. Public money was used to stop a recession becoming a depression. It was the right thing to do.
The alternatives were not palatable and I'm glad there was a Labour Government in power at the time that took the decisions it did.
By contrast, I do firmly believe the decisions made post 2010 are now prolonging that recession unecessarily.
I suspect we may not agree, but thanks for taking the time to check out the blog.
Andrew
http://thescotsman.scotsman.com/news/Retiring-SNP-MSP-in-bitter.6759647.jp?articlepage=2
Labour has failed to exploit these diviisons in the SNP.
The electorate also needs reminding of the Salmond's thatcher gaffe in 2008
A Brown
Thanks for the comment - up to the voters now :-)
Andrew
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