Thursday, November 17, 2011

How About Because Of

Austerity in a recession is just insanity.
Government borrowing is expected to rocket to levels higher than was envisaged by Labour, despite George Osborne's deep spending cuts.

On a day when youth unemployment rose to a record 1.02 million, figures slipped out by the Treasury revealed how the Chancellor's deficit reduction plan has been blown off course by anaemic growth levels and high jobless figures. Labour claimed the pain of £40bn of cuts and tax rises had not been worth it.

Higher unemployment and higher deficits. Winning!!!

No one will shift gears, because they'll be proved fucking right! The pointless goal was to borrow less than Labour was planning to borrow, and now they're borrowing more so look over there Yurp!