UK’s double-dip recession | Money Supply | News, data and opinions on market-moving economics from the Financial Times – FT.com

Danny Alexander MP addressing a Liberal Democr...

Danny Alexander MP addressing a Liberal Democrat conference in the Bournemouth International Centre (Photo credit: Wikipedia)

This is an excellent article from the FT. Check it out!

UK’s double-dip recession | Money Supply | News, data and opinions on market-moving economics from the Financial Times – FT.com.

Personally, I am not convinced that the statistics are sufficiently accurate to measure a small change from one-quarter to the next.

However, the news does not give me greater confidence in Danny Alexander nor George Osborne. The other day Danny Alexander was arguing for more austerity to compensate.

In my view, it’s about time Danny Alexander was fired. Do you agree?

2 responses

  1. Danny alexander is out of his depth and the rest of the government is weak as evidenced by the increased militancy of the tanker drivers, tube maintenance workers and the postal workers.

    The failure to reform Public Services and the continued waste of unwarranted military adventurism, the waste of money represented by overseas aid and the continuing failure to expand airport capacity is losing the country billions.
    The cuts should have been swift and deep and should have lasted two years.

    This was what the Canadians did and followed it by growth.

    We have to sell our way out of trouble and attract inward investment.

    By taxing too heavily we drive the investment away, by failing to reduce queues at border control at airports and through ill conceived entry charges we anger foreign businesspeople and drive them into the hands of the Germans and even the French.

    The Coalition has no strategy for export led recovery which is the only way short of printing money to get infrastructure projects financed.

    Yes Danny Alexander should be sacked but a few more Cabinet Ministers need to start earning their money by putting the unaffordable parts of the Public Sector and outmoded institutions that serve no useful purpose to the sword.

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