Tuesday 2 February 2010

Let's nail this notion of Gordon Brown's

Time and time again we hear that this is not the moment to start withdrawing support for the British Economy. With a hesitant recovery, they say, we should continue the support until the recovery fully takes hold.

So why are none of the interviewers asking the next follow-up question? It really infuriates me that they miss the obvious.

If this isn’t the time to withdraw the support why has January seen the withdrawal of the cut in VAT (at £12Bn – the largest Government ‘support’ package) and the stopping of the car scrappage scheme (the Government’s most successful ‘support’ package)?

The Government is saying one thing and doing the opposite – it’s hypocrisy – but no-one is pointing it out.

Get’s my goat.

Also, we are now the most indebted nation (according to Guido) as a percentage of GDP:

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