Britain now officially in double-dip recession

Surely he can just blame the global financial crisis like the last lot did. He can even focus on the Eurozone if he wants to.
 
Changes nothing apart from the markets really. Everyone knew we were stagnanting.
 
Surely he can just blame the global financial crisis like the last lot did. He can even focus on the Eurozone if he wants to.

Is there not an element of truth to that though?, are you saying GB could have avoided being in a recession altogether?, isn't this just how the economy works, we have ups and downs, it's not a perfect system.
 
Who cares to be honest?. The media are gracious enough to inform us on a weekly basis that we are up to our necks in a pool of proverbial. It'll be the same next week, and the next, and the next.......
 
lol 2 yeas in power and they have put Britain back in a recession, blind leading the blind.

In the week we gave £10 billion to the IMF, nice one Georgey boy. I am sure he is worried about job prospects when he inherits millions from his family business.
 
Is there not an element of truth to that though?, are you saying GB could have avoided being in a recession altogether?, isn't this just how the economy works, we have ups and downs, it's not a perfect system.

Of course, that's what I'm saying. You can't blame a recession on one man or indeed one plan as the economy is influenced by so many other factors. It's likely we would be here regardless of what we were doing.
 
Could it have been worse though?
Is plan a actually stopping us falling much further than we could have?
 
Of course, that's what I'm saying. You can't blame a recession on one man or indeed one plan as the economy is influenced by so many other factors. It's likely we would be here regardless of what we were doing.

but hey lets blame George anyway in case we're right
 
Of course, that's what I'm saying. You can't blame a recession on one man or indeed one plan as the economy is influenced by so many other factors. It's likely we would be here regardless of what we were doing.

Stop making sense and getting in the way of a good rant / headline.

0.2% contraction, wow, you have to wonder how accurate and representative these figures are.

Sometimes you do wonder if better control over the media wouldn't be the worst thing in the world, I’ve always been fed up to the back teeth how they lead and influence the population from one media storm to another.
 
Too be honest i don't think it would have mattered who would have been in charge be it that of labour or lib dems or anyone else the problem is we rely heavily on trade expecially in the EU so if other countrys suffer growth it has a knock on effect so i am not suprised by the results.
 
I said at the beginning of my first degree that it'll be over when I finish... That didn't really happen...


Now I'm on my second degree I am tempted to say it again... but that didn't go so well last time...


... but, clearly, in 4 years things will be better.... right?
 
I am gobsmacked that imposing austerity during a recession hasn't worked. If only this could have been predicted. :(
 
Oh well, daft people will vote Labour back in and the idiots there can spend us out of another recession, again, that will result a few years later in the UK being plunged into a horrific recession of the likes America suffered last century, woo.

Here's the idea Scorza, we'd still be in recession under Labour, just with massively higher debt, massively higher deficit and be in a far far worse situation.

It's NOT about avoiding recession, its about riding the inevitable recession Brown put us on course with as well as possible, its that simple. The way to ride it as best as possible is with the lowest debt and lowest deficit they could achieve. Labour have faught tooth and nail at every turn to make cuts quick enough to lessen the blow of a recession while Labours plan was to continue spending to "fake grow" our economy........ WHICH WAS THE RUDDY REASON FOR IT IN THE FIRST PLACE.

Labours years of spending for artificial growth is what got this country in trouble, their plan of doing this again, and again and again is utterly flawed, have the conservatives got everything right no, have they done better than Labour did, without question. LIkewise without the idiots on the other side lying to the press and talking utter rubbish, had they helped come up with cuts and plans for more cuts rather than fighting every single cut and trying to make the other side look bad for every single cut, this country would be in a better place than it is now also.

You can't long term run a country the way Labour did, want to do now, and will do if/when they get back in power, and absolutely disgustingly, rather than admit their mistake, admit their ridiculous plan of propping up the GDP with borrowed money, they have the actual balls to make it more difficult to make the cuts that are absolutely needed?

Here's where Labour put us, a 3% shrink in construction output, a 0.4% manufacturing output reduction and a 0.1% growth(or was it loss) in the service sector averages out to a 0.2% loss overall.

That's right, Labour turned us into a service sector country, with no basis on manufacturing, construction or any world leading industry to rely on that is the entire reason our country is screwed, our economy is bad and Labour are utterly retarded. Their plan for fixing it, keep borrowing money we can't afford to borrow, to artificially create jobs that aren't needed in the public service industry, all the while shrinking the private sector and real "money making" industries.
 
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