the tories want a double-dip

Let me preface this by saying I’m not an economist, or much good at maths, but I was just thinking about economics. As we know, Labour say we need a slow and steady recovery, whereas the Tories say we need to act now and cut spending. Sixty top economists have today issued a letter in the financial times backing labour’s strategy, whereas only twenty wrote to the Sunday Times backing the Tories’. Now, I have a few points to make. First, 60 is larger than 20; second, the financial times is fairly independent, but the Sunday times is owned by Rupert Murdoch, cheer-leader in chief of the Tory party. Moreover, as we all know, to cut spending now, as the Tories say, would threaten what little recovery we have made – it is almost as if they want the economy to fail, and for us to go back into recession. Of course this would be perfect for them; they could then say brown ruined the economy and hence win the election.

In other words, they are playing politics with the economy; putting their lust for power before our economic well-being. They want a double dip as they would benefit from it. Makes you sick, doesn’t it?

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