Quote:
Originally Posted by dazzer89
There was bad snow in January last year, but there was still growth. The ONS, who produce the figures, said growth would have been flat even without the snow. And the spending cuts havent even started to be implemented yet.
You didnt need to be an Economist to see that it was all going to end in tears. Another quarter like the last one and we'll be in double dip recession territory, the LibDems will get even twitchier, the Tories will faction and implode and we'll see an election before Spring next year.
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Except the LibDems won't get twitchier as they are relying on the economy recovering to justify their support for the austerity measures and restore their popularity to some extent with the electorate. They know that leaving the coalition right now would be suicide as they leave with little to show for it in the way of genuine results.
You don't need to be an economist to have an
opinion, it's just a measure of how educated that opinion is.