Tuesday, 22 December 2009

BRITAIN STILL THE ONLY MAJOR ECONOMY IN RECESSION AFTER LATEST QUARTERLY FIGURES




Labour's economic credibility was further damaged today after new figures revealed Britain's economy remains mired in recession.

While France and Germany came out of recession in June, the figures reveal Britain's economy shrank by a worse-than-expected 0.2 per cent between July and September.  Economists had been hoping for Britain to begin emerging from recession, but in a fresh blow to Chancellor Alistair Darling, a fall in output for the UK's powerhouse services saw the economy dragged lower, the Office for National Statistics (ONS) said.

GORDON BROWN was the man who told us that BRITAIN was BEST placed to be the country that WOULD LEAD the WORLD out of recession.  After SIX MONTHS, they're all out and WE'RE STILL IN!

BILL CLINTON was once asked what the biggest issue was in RE-ELECTION.  His answer, "IT'S THE ECONOMY STUPID"  

TAXI FOR BROWN! 

4 comments:

banned said...

"Economists had been hoping for Britain to begin emerging from recession"

Hoping? what, like they crossed their fingers behind their backs hoping for the best? Is that what we paid them to spend 5 years at the London School
Of Economics for ?

Edgar said...

Always with the negative waves, DL. The way to look at this is to appreciate that we aren't last out of the recession, we're first into the next one.

Dark Lochnagar said...

Banned, just wait until inflation kicks in with all this Quantative Easing. It's a fundemental rule of Economics, pump money in and you get inflation. And I've only got an 'A'level!

Dark Lochnagar said...

Edgar, I have to be negative, I'm anti-Labour!