Crosswords0 min ago
Not Out The Woods But On The Way.
18 Answers
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Will this help Cameron or is it too little too late?
It certainly takes the wind out of Balls' sails. He can bleat on about it could have been quicker but that of course can never be proved.
But will it be enough to woo the voters back given the other issues Cameron seems hell bent on ignoring such as the peoples wishes on the EU, HRA and immigration?
Will this help Cameron or is it too little too late?
It certainly takes the wind out of Balls' sails. He can bleat on about it could have been quicker but that of course can never be proved.
But will it be enough to woo the voters back given the other issues Cameron seems hell bent on ignoring such as the peoples wishes on the EU, HRA and immigration?
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America's economy turned round years ago, which suggests it could be done given the right policies.
This chart's a couple of years old now but you can see what's happening
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This chart's a couple of years old now but you can see what's happening
http://
Considering the debt Labour left the country in I am surprised we are doing as well as we are.
I would rather the recovery were steady than an unsustainable burst.
Labourites will constantly say it isn't enough or soon enough but as long as it continues in broadly in the right direction I would rather trust the green men of Mars than labour to be able to run the country.
Not forgetting of course that Labour was forever cosying up to Brussels.
I would rather the recovery were steady than an unsustainable burst.
Labourites will constantly say it isn't enough or soon enough but as long as it continues in broadly in the right direction I would rather trust the green men of Mars than labour to be able to run the country.
Not forgetting of course that Labour was forever cosying up to Brussels.
Not totally up to date but from the NAO last year
//As at March 2013, the total outstanding support stood at £141 billion (down from the total a year before of £242 billion and a peak of £1.2 trillion). Of the £141 billion, £115 billion was provided as cash and £26 billion constitutes outstanding guarantee commitments.
In return for providing the support, the Treasury has charged fees for the financial guarantee schemes and received interest on the loans. //
//As at March 2013, the total outstanding support stood at £141 billion (down from the total a year before of £242 billion and a peak of £1.2 trillion). Of the £141 billion, £115 billion was provided as cash and £26 billion constitutes outstanding guarantee commitments.
In return for providing the support, the Treasury has charged fees for the financial guarantee schemes and received interest on the loans. //
The economy was actually growing when the Coalition took over and continued to do so for a couple of months until Osborne's first budget sent it plummeting again. It is mainly this plummeting we are beginning to recover from (after nearly four years).
If you look at the graph accompanying the report below, you will see that apart from the Credit Crunch Crash of 2008 (nothing to do with the government in power - and a dire situation from which Labour recovered much better than so many of our contemporaries - Greece, Spain, Iceland, Ireland spring to mind) that Labour's record on economic growth was marginally better than the Coalition's.
Osborne has "generated" this growth by first suppressing it for four years to give a fifth year "glow" - a strategy of bust then boom much employed by Tory Governments to create a (falsely-based) feelgood factor prior to a General Election. The short-memoried electorate often fall for it.
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