Sunday, 2 May 2010

UK politicians fail the Afghanistan, economics and banking tests

Our politicians are trying desperately to convince us that they know how to run the country. Well, we’ve been listening to them and they’re rubbish. Their entire economic argument chases its tail around how much public expenditure each party will cut, how much we will be taxed, what and when. It’s all about the deficit and a mythical economic recovery, the basis for which or the possibility of it not occurring were never mentioned. And recovery is doubtful. In parallel, the Institute for Fiscal Studies says that there are massive spending holes in all their published budgets because they’re concealing how enormous the government’s deficit is. Call me a prophet of doom – I don’t care. Doom is on the horizon. more...


Alan 3 May 2010 at 10:38  

This is a very interesting blog and so i like to visit your blog again and again. Keep it up.


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