Wednesday 25 April 2012

Double-Dip Recession In UK Bad News For George Osborne


George Osborne has lead the British economy into a double-dip recession. For the first time since the 1970's the economy has had two quarters of negative growth. Ed Balls has been arguing consistently since he got the job 15 months ago that the economy was too weak to cope with the mix of tax increases and spending cuts that George Osborne has served up. And now it seems he has been proved right.

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