A Big Congratulations to Chancellor of the Exchequer for his latest glory to fame – UK economy still dives deep in to recession.
To borrow BBC’s Economic Editor Stephanie Flanders words, “If the figures are correct, this would be by some measure the worst four-year period for the UK, outside wartime, in at least 100 years – worse than what happened in the 1920s and 1930s, and worse than anything in the 1970s and 1980s
Congratulations once again to George and his buddy David Cameron.
This news is not a surprise at all. No new infrastructure / construction / industrial projects, no new jobs for anyone, layoffs and job cuts all around, what else can be expected?
Bankers are still getting millions in bonuses and rich get richer day by day enjoying tax reliefs; to add cherry to the cake, this Government has also proposed slashing of Corporate Tax. The bunch of hooligans increased tuition fees, cancelled child benefits, introduced Granny Tax and Charity Tax. Did this improve the status of Economy? No! Did they learn anything? No! The vultures are still trying their level best to make like in this country miserable for ordinary people.
If you lot cannot do anything to revive this economy, please resign and get out! At least you will get more time to entertain and get entertained by Murdochs and Rebekah Brooks.