The Financial Times of the 28th May 2012 carried what I find to be a worrying report (http://on.ft.com/K2S8Z2) by Mr Savouri the chief economist of London-based Toscafund.
The report appears to be very bullish. It opines that in the medium term the prospects for the UK are better than those of Germany! However this rosy future is predicated on two factors that should be anything but rosy for the current people of England. These are:
The Financial Times of the 28th May 2012 carried what I find to be a worrying report (http://on.ft.com/K2S8Z2) by Mr Savouri the chief economist of London-based Toscafund.
The report appears to be very bullish. It opines that in the medium term the prospects for the UK are better than those of Germany! However this rosy future is predicated on two factors that should be anything but rosy for the current people of England. These are:
In the recent coalition spat Cameron and Clegg have shown totally different views to privilege – even though both of them appear to have benefited equally from privilege in the past.
Read more on Why Clegg Is Right And Cameron Wrong…
GHTime Code(s): nc
The battle is raging fiercely. The usual tools of generalisation, casuistics, feeble and sometimes misleading statistics, are being brought into play.
Riding in to help the beleaguered coalition is, believe it or not, the Guardian newspaper! Simon Jenkins has pointed out that if George Osborne gets what he wants total public spending, in real terms, will be £640bn in 2015 compared to £665bn today. Even more telling is that after New Labour’s first term on office it was only £449bn.
Read more on Cuts! What Cuts?…