Quote:
Originally Posted by Ignitionnet
Thank you.
So 6 years on from 2008 we're at the same levels we were in 2005.
---------- Post added at 13:54 ---------- Previous post was at 13:49 ----------
We've had about the slowest recovery around. Not especially favourable as far as the topic of this thread, George Osborne's management of the economy, goes.
Do we compare well to the United States, Chris?
Maybe Canada?
Some countries didn't choke off their economy in the name of misguided, dogmatic austerity. Because the Eurozone is a disaster doesn't make our follies any better. |
Yes, well the Eurozone *is* a disaster. And that is rather the point, isn't it. Congratulations for choosing the USA as your first example (world's biggest and most advanced economy by a country mile) and Canada as your second (easy access to said big, advanced economy). We aren't the USA, we aren't next door to the USA and we don't have privileged access to its economy.
We are shackled to the Euro-corpse. Our trade with the rest of the world is growing again, but we have quite some way to go yet, before the utter disaster on the continent loses its power to hold us back.
The problem this country faces is not dogmatic austerity, it's dogmatic adherence to the failed European project.