People are just being drawn into this, spending saving thing, must get people spending crap that labour are spouting.
IF people want to save, that should be fine, the problem is when people stop spending in the uk we're now screwed because we have so many jobs in the service industry and working in retail we're screwed in the behind when they stop as people lose jobs. If a HUGE number of jobs were in industry and building things to sell to people that need them, if people like Dell weren't slashing jobs in Ireland to go build cheaper elsewhere(yes its there, but same principle) we'd never have gotten into this situation in the first place. We're so massively reliant on public sector jobs that we can't have a slow down in tax, meaning we can't stop spending. if we do we not only lose retail jobs now, but public sector as we can't afford to pay them.
Except our government just increases spending and jobs in the public sector and borrows to keep paying them.
we're still doing almost nothing to encourage business/industry back to the country while every other semi smart nation on the planet is running around throwing around backhanders and promises to get industry giants to build manufacturing plants in their country. We're just watching them leave, taking their jobs and money with them.
Yes we should have an election, whatever party runs on the platform of paying super models to blow industry executives as favours for bringing their business to the UK should get voted in, its about our only decent chance now.