Perhaps Not As Bad As The Left Woudl Have Us Believe?

[youngmafbog]

http://news.sky.com/story/1072813/triple-dip-recession-to-be-avoided-bcc

Although not out of the woods just yet, it seems that it is not all doom and gloom.

[jim360]

I hope this is right. Still doesn't stop the current economic policies from being the wrong ones. Though I have no idea what the right ones are.

[LazyGun]

Obviously to be welcomed - but if we are setting our standards at just avoiding a triple dip recession, thats still pretty poor, no?

Exports had been pretty poor but it looks like they have picked up this quarter, which is good. Still a big question mark of manufacturing though, at least last time I looked....

[rojash]

Welfare state destroyed, NHS in dire straits, manufacturing down, National debt up.

And the best you can come up with is "things are not as bad the Left would have us believe"?

[Gromit]

There might be some growth this quarter, but it will be very small. Certainly nothing to crow about.

Also retail sales are expected to be down. And the prolonged cold weather will also be a factor, it is causing us to stay in more.

[Canary42]

This is typical Tory strategy (Thatch did it with unemployment) - make things really really really bad then when the only was is up, celebrate it, ignoring the appalling state reached.

We had a healthily-growing economy when this lot took over, having survived the banker-induced slump, then the con-dems sent it plummeting again.

[Gromit]

This was from 12th Match.

// The UK was on the verge of an unprecedented triple-dip recession after a dire January for the nation’s struggling manufacturers.

Official figures revealed an alarming 1.5 per cent slide for the sector, the biggest slump in output since last June, when an extra day off for the Jubilee celebrations dented the economy. //

And a month later the BCC say exports are the best Since for 20 years. Seems odd?