Friday, 23 April 2010

CRASH GORDON

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The worse than expected growth figure for the first quarter of 2010, a lowly 0.2%, suggests that Britain's recovery is crawling forwards painfully. Last out of recession and still struggling, we owe very little to this Labour government - though we do owe a vast amount to foreign lenders, due to Brown's reckless borrow-and-spend-now policies during the boom years. We owe most to our own grit and determination and enterprise.
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The article on the BBC News website' s home page gives a decent amount of coverage to the reactions of the main biggest political parties (Labour gets only a few dozen more words than the Conservatives).
http://news.bbc.co.uk/1/hi/uk_politics/election_2010/8639255.stm
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Its flaw is this gloss by BBC political correspondent Gary O'Donoghue, who "said the growth figures were a boost for Gordon Brown in that there were very real fears of a slide back into recession."
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Well, that's one way of looking at it.

2 comments:

  1. Another consummately objective analysis. I don't get to see QT as I'm out of the country, but before I left 7 years ago DD always struck me as an exemplar of the old BBC. Your analyses and statistics cannot help to make me wonder if something has changed since then.

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  2. But the figures are probably fiddled anyway.

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