Thursday, 6 December 2012

Autumn statement

I'm not sure how anyone can say this is an autumn statement when I am watching snow fall outside my window.

The Chancellor has announced "we are all in it together" is going to last a little longer, because the deficit has not been cut as it should have and we are [as a country] borrowing more than expected. This is mostly because energy prices, food prices and transport prices have all rocketed up much more than expected, and could not have been forecast in 2010. Growth was to be on the upward spiral but has been reforecast at -1%!

The oppositions view is the usual, we should be spending more, spend, spend, spend! It beggars belief that after all the trouble 13 years of Labour has caused us, the only rhetoric they come out with is 'spend more'!

p.s. Picking on Ed Balls stammer is not called for and underminds the rational argument...

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