Jay's Journal

UK economic recovery slowest since 1720

Posted on: August 4, 2014

I don’t believe for a minute that we are now recovering – I believe it’s all lies as per usual from the tory party and their cronies who have to say what they are told to say…

alittleecon

In a comment piece for the Independent, economist David Blanchflower reveals that the 6 years it has taken for the UK to get back to its previous GDP peak has been the slowest peace time recovery since the South Sea Bubble bust in the early 18th Century.

The crash of 2008/9 was severe, but certainly not unprecedented, so while it’s good the GDP has now recovered to previous highs (although as Bill Mitchell points out here, on other measures the recovery remains elusive), George Osborne and the Government surely must take some of the blame for the long economic stagnation we are only now leaving.

There’s a danger now that the Government are allowed to take the credit for this belated recovery, having failed to properly reform the financial sector, and laid the foundations for the next housing bubble. There was a real chance to implement lasting…

View original post 62 more words

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Categories

It's a Buzz World

The Crazy Story of our Life

Wee Ginger Dug

Biting the hand of Project Fear

REDFLAGFLYING

Dictatorship is good. If the Dictator is me.

TalesAlongTheWay

Life's journey to discover tales of history, culture, and faith from New York to India and places along the way.

Same Difference

News, Views and Information For People With Disabilities...

DWPExamination.

RELOADED - Free Speech

alittleecon

There is an alternative

the void

narking off the state since 2005

Britain Isn't Eating

The Tory Govn, killing the unemployed, the poor, vulnerable, sick & disabled since 2010.

The poor side of life

EXPOSING CRIMES AGAINST HUMANITY.EXPOSING THE GOVERNMENTS WAR AGAINST THE POOR.FIGHTING FOR BASIC HUMAN RIGHTS. SANCTIONS KILL.

David Hencke

Westminster, Whitehall and Berkhamsted newsview

Stop MP lies & corruption

When MPs give a reason for wanting something - it's an excuse to suit their own endgame.

Paul Bernal's Blog

Privacy, Human Rights, Law, The Internet, Politics and more

The lovely wibbly wobbly old lady

Views on life, the universe and everything...from a middle aged perspective

kickingthecat

How current policy is little more than kicking the cat....

Politics and Insights

Public interest issues, policy, equality, human rights, social science

Benefit tales

stories from the frontline of benefit changes in the UK.

Beastrabban\'s Weblog

Just another WordPress.com weblog

The Evening Haröld

Haröld be our name

It's a Buzz World

The Crazy Story of our Life

Wee Ginger Dug

Biting the hand of Project Fear

REDFLAGFLYING

Dictatorship is good. If the Dictator is me.

TalesAlongTheWay

Life's journey to discover tales of history, culture, and faith from New York to India and places along the way.

Same Difference

News, Views and Information For People With Disabilities...

DWPExamination.

RELOADED - Free Speech

alittleecon

There is an alternative

the void

narking off the state since 2005

Britain Isn't Eating

The Tory Govn, killing the unemployed, the poor, vulnerable, sick & disabled since 2010.

The poor side of life

EXPOSING CRIMES AGAINST HUMANITY.EXPOSING THE GOVERNMENTS WAR AGAINST THE POOR.FIGHTING FOR BASIC HUMAN RIGHTS. SANCTIONS KILL.

David Hencke

Westminster, Whitehall and Berkhamsted newsview

Stop MP lies & corruption

When MPs give a reason for wanting something - it's an excuse to suit their own endgame.

Paul Bernal's Blog

Privacy, Human Rights, Law, The Internet, Politics and more

The lovely wibbly wobbly old lady

Views on life, the universe and everything...from a middle aged perspective

kickingthecat

How current policy is little more than kicking the cat....

Politics and Insights

Public interest issues, policy, equality, human rights, social science

Benefit tales

stories from the frontline of benefit changes in the UK.

Beastrabban\'s Weblog

Just another WordPress.com weblog

The Evening Haröld

Haröld be our name

%d bloggers like this: