Thursday, October 26, 2006

Gordons, dept economy still on track!!

Brown upbeat on UK growth outlook

The UK economy is set to surprise people who thought that 2006 would be "a period of low growth", Chancellor of the Exchequer Gordon Brown has said.

Posted by kpjcomp @ 09:37 AM (665 views)
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7 thoughts on “Gordons, dept economy still on track!!

  • Bull.

    In the UK, growth = inflation. If growth were real then unemployment wouldn’t be rising. People outside the City will be looking on bemused by how well we’re doing.

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  • waitingfor hpc says:

    gets me mad – how can he talk about inflation low at 2% – even today it is 2.5%. Why does no one ask him why he has let it stay so high if he wants credit for keeping it low?

    Seem like a win win to me for Gordon – he seems to be able to do no wrong. ANd I am outside London and do not see the ‘ growth ‘ trend he is talking about.

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  • “We must keep inflation low and that’s why the public sector pay settlements will have to be in the framework of a 2% inflation target,” Mr Brown said.

    Haha. Dream on, Mr Brown – do you think they’ll be happy being 5-10% less well off in real terms? I don’t think so …

    You can’t lie to everyone all the time.

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  • “some analysts were talking of interest rates climbing to between 5.5% and 6%.”

    According to Evan Davis

    Of interest.

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  • Growth in the UK also equals increased debt. Its not suprising that there is growth following an increases in mortgage lending. In the past growth = innovation and increased productivity. Surely soon everyone will realise that Gordans mircale is built on debt we will be repaying for years.

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  • we, what we I aint got no debt

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  • Well he ought to know what will be reported, afterall, he’s the one cooking the books and manipulating the outcome.

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