Apr 12

The chart below shows per head UK GDP is static and below 2008. Add in that income is more unequally divided and asset prices artificially boosted and the economy running with Zero interest rates [ZIRP] it’s a grim picture.

GDP

The recovery is non existent and worse after 5 years many signs of a future recession. Some people may feel good. House prices and stocks may be on the rise but so is the debt to support that and yet the economy per person is static.

If you still want to vote Tory on the back of economic competence you’re an idiot. Why Labour continue to piss around with the Squeezed Middle and Cost of Living Crisis instead of you’re poorer and worse the money is being handed over hand over fist to the rich shows who they really represent, the same people as the Tories.

Time to get real.

written by reaction \\ tags: , , , ,

Mar 22

Most of Gordon Brown’s Ponzi scheme of off balance sheet nastiness happened away from the budget.  As he Cnut like said to people you can have a better NHS, Schools, tax credits, low corporate taxes etc and not have to pay for it.   Continue reading »

written by reaction \\ tags: , , , , ,