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Economy Excuses Don't Add Up

 

The Government’s outlandish excuses for the slowing of the economy show that the Government have no plans for growth, Dawn Primarolo has warned.  The Royal Wedding, warm weather in Spring, the Japanese tsunami and even the launch of Olympic ticket sales have all been blamed for disappointing growth figures of 0.2 per cent this quarter.

Commenting, Dawn said:
HMT
“This latest list of excuses will be met with derision by people trying to find work, or small business owners struggling to make ends meet in these difficult times.  The figures published today will be a huge blow to the Government and are a damning indictment of their insistence on cuts and refusal to consider alternatives.

“When the economy faltered in the winter, the snow was – we were told – to blame.  Now, apparently, the sun is at fault.  Perhaps if the Government spent less time worrying about the weather forecast and more time focussing on a plan for real economic growth we wouldn’t be in this mess.

“It’s time for the Government to admit that they’ve got it wrong.  Their insistence on ideologically based cuts is hurting, not helping.  They need to think again: if they protect jobs, help get unemployed people into work and reverse the VAT increase, perhaps they won’t have to blame the next quarter’s figures on a wet summer.” 

 

Posted: 27 July 2011

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