So today the national office for statistics published its results of growth between October 2010 and December 2011 and reported that the UK's economy shrunk by a estimated 0.5% between those dates. a huge well done to the con-dems. your plan is successfully failing. Another quarter like that early 2011 and we will be back in recession. Fantastic work guys. Is this what they meant by change vote for change at the election last year ? must have been. MOre and more cuts and record VAT on items and rocketing inflation.
The tories have unveailed a time bomb now and i think they will struggle to get the economy going again. It seems as though they are obsessed with cuts and this shrinking of the GDP of the country will probably only encourage them to carry out more cuts more harder and deeper.
They think that cuts are the answer, well are they the answer so far ? i would strongly say not
what is their plan B if we do slip back into recession, carry on cutting ? god help us
from the bbc :
http://www.bbc.co.uk/news/
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