Wednesday, August 08, 2012

Fortunately There's A Policy For That

I believe it involves firing more public sector workers and sticking it to the poors.

The Bank of England is expected to forecast zero growth in its quarterly inflation report on Wednesday as the double-dip recession deepens and the eurozone crisis continues.

The bank's governor, Sir Mervyn King, is expected to indicate no growth for 2012, compared with 0.8% predicted three months ago and 2% a year ago.

Nice forecasts, BOE. Heckuva job.