I M F state UK economy to grow by 2%

[ricgem2002]

But aren't there several hundred thousand more people in work in the UK than at the time of the election?

Let's not forget on who's watch we hit the iceberg after a 10 year period when Chancellor Brown was busy selling off all our lifeboats and our gold reserves.

if you mean workfare and manipulating figures yes you might be right i think he was copying a certain lady who sold off all our manufactoring industry/etc and whos companies now hold us to ransom ie gas/ electricity etc

[I1L2T3]

But aren't there several hundred thousand more people in work in the UK than at the time of the election?

 

---------- Post added 09-07-2013 at 16:50 ----------

 

 

But only if you assume, as you obviously have, that the alternative strategy as pushed for a while by the party that watched the economy shrink by 7.3% over a 2 year period, would have given a better outcome. Seeing as how the vast majority of the Eurozone is bankrupt, up to its neck in debt or returned to recession an economy in growth with growth predicted to average above 2% for the next 2 years seems a pretty good outcome.

 

It is very easy to say what if? as you seem to want to do. But what if our economic policies had followed those of France and we had plunged once again into recession?

 

Incidentally. This government has done more in 3 years to reign in bankers bonuses and reform the financial sector than the last government did in 13 years. Let's not forget on who's watch we hit the iceberg after a 10 year period when Chancellor Brown was busy selling off all our lifeboats and our gold reserves.

 

There's no assumption. There was an alternative.

[Oh Carol]

But aren't there several hundred thousand more people in work in the UK than at the time of the election?

 

---------- Post added 09-07-2013 at 16:50 ----------

 

 

But only if you assume, as you obviously have, that the alternative strategy as pushed for a while by the party that watched the economy shrink by 7.3% over a 2 year period, would have given a better outcome. Seeing as how the vast majority of the Eurozone is bankrupt, up to its neck in debt or returned to recession an economy in growth with growth predicted to average above 2% for the next 2 years seems a pretty good outcome.

 

It is very easy to say what if? as you seem to want to do. But what if our economic policies had followed those of France and we had plunged once again into recession?

 

Incidentally. This government has done more in 3 years to reign in bankers bonuses and reform the financial sector than the last government did in 13 years. Let's not forget on who's watch we hit the iceberg after a 10 year period when Chancellor Brown was busy selling off all our lifeboats and our gold reserves.

Well you know the saying..................Socialism always eventually runs out of other peoples money.

 

---------- Post added 09-07-2013 at 19:19 ----------

 

I don't think we should ever be grateful to a chancellor who flushed away 3 years of growth with an ideological experiment, a chancellor who is still pursuing high risk policies, and who has failed to reform the financial sector.

 

He's a disaster.

3 years of growth with what, more QE and borrowed cash?...the high risk policies you are talking about need to be done! end of story! ie, extracting the consumer dummies from out of the British public mouths and dipping them in the austerity jar!Stopping reliance on Chinese shopping malls that eventually refuel charity shops.Stopping the crazed expression "housing ladder" which has drugged the public into a housing price bubble.Putting a cap on obscene wages(Andy Murray watch out) Much needs to be done to remove snout from trough and not just the rich.There's plenty where I live swinging the lead!

[Hillpig]

yes i bet all the people who lost their jobs will be thanking them too

 

There are more people working in this country than ever before. There are over 1m more working in private sector since Tories came in.

 

There have had to be less jobs in public sector as expenditure under Labour in this area was excessive.

[Anna Glypta]

There's no assumption. There was an alternative.

 

There's always an alternative. But I've seen no evidence that an alternative approach would have yielded a better outcome. There are 2 dozen counties in the Eurozone, all of which tried their own alternative approach to the recession. The fact is that several are now bankrupt, several are on the verge of bankrupcy, many are strugling with high premiums because of excess borrowing, most are back in recession, none have growth to match the UK.

 

So tell me about this alternative that you know would have helped our economy more.

[rickiethecat]

I would like to ask the left wingers on here if they activately want the UK economy to recover under the coalition government or if they'd rather we were still in recession just to score political points.

 

It doesn't matter which party you support, surely the UK economy recovering is good news for us all?

[SevenRivers]

Did the IMF also say there is a pot of gold at the end of the rainbow?

[Anna Glypta]

I would like to ask the left wingers on here if they activately want the UK economy to recover under the coalition government or if they'd rather we were still in recession just to score political points.

 

It doesn't matter which party you support, surely the UK economy recovering is good news for us all?

 

It looks like they are in for even more bad news. The projection for UK growth for next year has been revised up to 1.9% and 2.2 for the year after that. It is a tragedy that this will probably do wonders for the deficit and reduce further unemployment at the same time.

[I1L2T3]

Well you know the saying..................Socialism always eventually runs out of other peoples money.

 

---------- Post added 09-07-2013 at 19:19 ----------

 

3 years of growth with what, more QE and borrowed cash?...the high risk policies you are talking about need to be done! end of story! ie, extracting the consumer dummies from out of the British public mouths and dipping them in the austerity jar!Stopping reliance on Chinese shopping malls that eventually refuel charity shops.Stopping the crazed expression "housing ladder" which has drugged the public into a housing price bubble.Putting a cap on obscene wages(Andy Murray watch out) Much needs to be done to remove snout from trough and not just the rich.There's plenty where I live swinging the lead!

 

We've had 3 years of QE and heavy borrowing.

 

---------- Post added 10-07-2013 at 15:18 ----------

 

I would like to ask the left wingers on here if they activately want the UK economy to recover under the coalition government or if they'd rather we were still in recession just to score political points.

 

It doesn't matter which party you support, surely the UK economy recovering is good news for us all?

 

Of course people want it to recover. Problem is that we've wasted 3 years

[Anna Glypta]

 

Of course people want it to recover. Problem is that we've wasted 3 years

 

So as we currently have the fastest growing economy in the EU with the Eurozone in recession, just what would have been your magic panacea to instant growth that we missed, and why didn't any of those EU countries who are deeply entrenched in the mire do it either?