I’ve been saying this for some time, but there is every chance we will see unemployment falling back to the levels the UK enjoyed prior to the great depression back in Lloyd George’s time 1917! The big factor in all of this and what makes this believable is the independence of the Bank of England. […]
Read MoreCategory: Economics
Debt under Labour
A picture can tell more than a thousand words. Labour has always been the party of tax and spend, and this one is no different, just on a larger scale. The debt spree has cost us more than the second world war! It doesn’t stop here of course, as the Chancellor is forecasting to borrow […]
Read MoreUnemployment figures shocking
Unemployment continues its upward progress, what the Labour Party never admit is that unemployment is a lagging indicator, ie its a result of the economic conditions in the past not the present. They also make a lot out of “Maggies Millions” but if you look carefully at the graph and recall the Winter of discontent […]
Read MoreTreasury defiant on growth
THE Treasury is relying on a bounce in the economy at the end of the year to boost growth and set the tone for recovery during 2010. Despite gloomier-than-expected figures last week, officials said the economy remained on the trajectory expected in the April budget. Unfortunately the goverment is using the treasury to cover up […]
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