It is rare for this blog to write on affairs financial, however one must pass comment on the momentous news that Britain is now out of recession - even if only by 0.1% for this quarter.
Now, was it not the Saviour of the World who told us plebs that Britain was well placed to weather the economic storm and then that she would lead the world out of recession.
It would appear a novel way to lead the world out of recession - you know, from the back and behind everyone else but hey, we are talking Labour and Brown here!
Of course, what is even more noticable is that the Boys Dave and George don't seem to be at the front either, lots of words and empty rhetoric, but of detail - zilch.
3 comments:
0.1% "growth"
extortion funded sector = 50% of the economy.
Extortion funded sector growth 0.2%
= 0% Growth in reciprocal benefit sector.
ACO - love it!
That 0.2% "growth" cost 300 billion, in debt that uses up over 3% interest.
In reality this growth is a fall of 3%.
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