After 18 months of economic shrinkage, The Labour Party have finally been given a lifeline in time for the general election. But that lifeline may be rather slippery- the last nation in the European Union to escape recession has done so by just 0.1 percent.
This figure is significant as far as politics is concerned, but is unlikely to affect the lives of those struggling to find work or battling to keep businesses afloat.
Gordon Brown will, of course, be keen to tell the tale about the way he steered Britain through its darkest hour. He will also avoid discussing his role in turning out the lights in the first place. Similarly, Alistair Darling will claim a victory for his financial acumen, as he correctly predicted the quarter in which we would emerge from the recession that went on far too long.
But before anyone pulls the string on their party popper, it's important to remember that the British economy barely has its nostrils above the water; a small ripple will result in more coughing and spluttering. Sterling has dropped against the US dollar and the Euro, the housing market is still poor and unemployment is causing grief for as many families as ever.
Meanwhile, the opposite parties will be planning on inflating these issues until they burst. Come the election, the subject of the economy will be such a jumble of exaggeration and understatements in the House of Commons that the normal people trying to look after their families will struggle to keep track of what's really going on.
I hope the public manage to continue along the course of action that's always been the wisest- take the words of the politicians with a fistful of salt and think for themselves.
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About Me
- Andrew Giddings
- I am a twenty-something year-old student studying BA Journalism at the University of Winchester. The idea of this blog is to give readers some insight into the course as well as providing classmates with additional notes and information.
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