US Economy Adds 211,000 Jobs in March; Unemployment Rate at 4 1/2 Year Low
Gordon Brown and David Cameron had better take note of the statistics coming from across the Atlantic. We all know that Britain's unemployment and job creation statistics happen to be erroneous. Its true nature is masked by the proliferation of public sector non-jobs and the siphoning off of the unemployable on to incapacity benefit - all 2.7 million of them.
There is no greater incentive then allowing a private individual to spend his own money. You cannot take risks unless you have fiscal responsiblity; they are two sides of the same coin. Until Brown and Cameron realise this, our fortunes will forever be bound to multi-national companies based in the UK.
1 comment:
the reality is that UK unemployment figures are a farce>iwas about to comment on the 2.7million and then read the next para.
Economically we're doomed.In 1989 the average house price was 5.5 times average salary,now it's 6+.Brown has frittered it all away and if he thinks rising tax receipts will bail his numbers out,he's another thing coming.everyone's too deep in debt to keep spending.
Whoever you are,Ennui,I wish you'd post more.You spaek a lot of sense.
Cheers
Rigger
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