Last year we entered a double dip recession. Or did we?
Like a bureaucratic tardis, the ONS may be about to revise the figures for Q4 2011, Q1 and Q2 2012 so that the double dip becomes a figment of our imagination. It looks like one quarter only has to be revised upwards from - 0.07 to break the double dip.
If it does happen I hope the news outlets, BBC specifically, will give the same prominence to the news as it did to the news of the imaginary double dip... Some hope!
Squiffy.
Tonight and tomorrow we'll find out how well UKIP did in the local elections. I think they'll get just over 20 percent.
People of the left, and right and centre are voting for UKIP as a protest, which is fine. There always needs to be a party to represent protest, it used to be the Lib Dems but not now they're in Government. But anyone who classifies themselves as someone of the right and seriously thoughtful, should consider the policies and implications.
A vote for UKIP is a vote for tax cuts and extra spending to the tune of £60 a year. Margaret Thatcher wanted to balance the books, and Nigel Farage is not her heir. They will accelerate this country's descent into a debt abys. If the only reason is for a vote for a UK exit from the EU, then the likely outcome is a Labour Government which will not give you a chance to have your say. If you are centre right vote Tory, not for the fantasists.
Squiffy
