|
Re: 'Shock' Contraction in the UK economy
The above party political broadcast was brought to you by the Labour party, via Flyboy.
So when you're done with that Flyboy how about we discuss all the other economic metrics which make it seem pretty likely that this figure will be revised for the better, or that economies doing a zig-zag is very common when coming out of recession?
You know little things like graduate vacancies going up, business confidence improving, manufacturing improving, etc, etc.
I do agree with you that the ConDems have it wrong though, they are listening too much to the Dems and not following the Cons enough and this was most certainly not predicted beyond by the usual suspects in the Labour party who think the public sector is the economy, not really relevant to this anyway as noted as public spending in the quarter in question was enormous.
|