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Re: 'Shock' Contraction in the UK economy
If you reffering to the problem where low paids jobs are worse off for people than some on benefits, I agree thats a problem that needs fixing. The only situation where I would find acceptable for someone on benefits to be as well off as someone working is if they have no choice ie. due to health reasons or are retired.
I also have took in your views and my concern is how do we raise GDP with a shrinking public sector. The private sector wont pick that up unless we start producing things that can be exported. I will check myself into the 2.5% annual cuts, that seems a very low figure compared to what I have read reported.
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