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Chrysalis · 26-01-2011, 16:56

well, is this to include the xmas period?

negative growth during christmas I would consider horrific regardless of weather.

ed balls to be fair was right, and was ignored by the bbc presenter in that confidence is the biggest factor of all in an economy, if people are not confident then they will not spend. So what the public sector actually spent is completely irrelevant as the public are all thinking about cuts instead.

26-01-2011, 16:56	#29
Chrysalis cf.mega poster Join Date: Sep 2003 Posts: 12,048	Re: 'Shock' Contraction in the UK economy well, is this to include the xmas period? negative growth during christmas I would consider horrific regardless of weather. ed balls to be fair was right, and was ignored by the bbc presenter in that confidence is the biggest factor of all in an economy, if people are not confident then they will not spend. So what the public sector actually spent is completely irrelevant as the public are all thinking about cuts instead.