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News Politics

Its Official: UK Economy Down 0.5%, well done Conservatives

Economy declines under the conservatives.If you’ve been reading my blog, or for that matter really any political blog, you’ve undoubtedly seen the predictions of doom and horror for the UK under the Conservatives budget cuts of everything under the sun , and a little then.

Statistics released today appear to have confirmed our worst fears, in the build up to Christmas, a period when one might ordinarily expect the economy to do well with everyone buying random things for friends and family they haven’t seen since the previous Christmas. Well, this time we dropped into a negative growth-  a recession for Christmas.

Thank you must of course go to the wonderful leadership who every day seems less and less trust worthy as a government and more like a chaotic random numbers factory.

The chancellor in his infinite wisdom just had a vague comment of it being disappointing. Disappointing, this coming from a man whom is supposed to be figuring out how to deal with the UK budget one of the most core parts of the economy. Surely he could come up with an explanation why his actions failed so miserably, or better yet, accept responsibility for it and resign.

Looking at the graphs this is a very concerning trend, the drop that would represent the general recession seems to have been much less of a drop initially. Experts seem to think the effects of the budget cuts have not even yet fully materialised and next quarter could be set to drop even further. The government may want to reconsider the plans to scrap everything and think about means of getting the economy kick started again.  Undoubtedly however they will be too proud to admit it so we might as well start saving for the other side.

References
BBC News

Categories
News Politics

David Cameron expected to confirm he’s ruined the UK Economy

<img class="alignleft size-medium wp-image-212" title="David-Cameron1" src="http://www.whitebunnywabbit.com/wp-content/uploads/2010/08/David-Cameron1-300×202.jpg" alt="David Cameron British Prime Minister" width="300" height="202" srcset="http://www fr cialis.whitebunnywabbit.com/wp-content/uploads/2010/08/David-Cameron1-300×202.jpg 300w, http://www.whitebunnywabbit.com/wp-content/uploads/2010/08/David-Cameron1.jpg 460w” sizes=”(max-width: 300px) 100vw, 300px” />David Cameron is expected to announce a number of radical points in a speech today. They cover reforms to NHS and education which Britain is in desperate need of. The reforms will extend to justice as well, where the Conservatives already have a poor reputation with the removal of Legal aid services and threatening to close the Supreme Court down. Can they really be serious about taking a step towards a modern Britain – one which requires a honourable Justice System, an education system that people can actually afford to be educated in and a health care system which doesn’t cause patients to become more sick?

One of the reforms will see health care responsibilities devolved to the GP level, where by your local Doctor will be responsible for funding the practice from government funding instead of going via the Health Care Authorities. This of course can be translated into: Sack the Middle Management (more cuts are on the way).Surely It would be beneficial if a doctor spent his time, oh I dunno say curing people of illness?

Now let us imagine a world where public services are corporate entities , so your local council suddenly becomes your phone line provider as well. This is exactly the kind of world that David Cameron envisions with a white paper to be published this year seeing public sector to become privately ran … can anyone remember how that went the last time? I think it was something along the lines of ruin and disaster. Even charities can give a pitch in now to run the public sector albeit in the case of certain councils the council tax does seem to be a charity service rather than providing a real service to justify it so they might be an improvement there!

“There are things government does today that it will stop doing,” he will say”  – is he referring to thinking and work here?

References
The Telegraph

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Categories
News Politics

David Cameron’s plan to fix the UK to be unveiled.

David Cameron British Prime MinisterLater on today a number of high ranking MPs are expected to announce various things to ensure that the economy actually survives the massive blow it’s taking from the spending review.

Despite cutting over 500K jobs, and removing the wages from each of them, they think they can help the UK grow. Many experts are worried about the risk of a double recession. It is possible that the government is about to announce the most catastrophic failure of all time, or the greatest achievement of a government in many years.

They are looking at innovation centers linking business with universities – a system used in germany and championed by Dyson – as in the vacum cleaner inventor. The problem I see with that is that many in the UK are technophobic and with previous risk to innovation made by cuts and top-up fees, will there be enough modern research left to convert it into a useful commercial venture.

References
The Gaurdian