Misery Index: Public Sector Dip Eases Pain

As the unions square up for a fight Guido’s Misery Index, the reality-based antidote to Dave’s blue-sky happiness index, is showing that people should be a little happier than they were in the last month. From the latest figures from the Office for National Statistics the decrease this month in the Public Sector Net Cash Requirement has eased the pain, slightly. The likelihood now that the Bank of England’s Monetary Policy Committee is firmly in the hands of inflation-doves is that inflation will rip. One MPC member, Adam Posen, actually voted in favour of increasing the size of the Bank of England’s asset purchase programme (QE) to add fuel to the inflation fire.

Inflation has now been above target for two years, the Bank of England itself is predicting that it will continue to miss the target until early 2013. This could end badly…

N.B. Stats bods can check Guido’s adding up here.



Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Cameron on Trump:

“I have to say that knowing the gruelling nature of the primaries and what you have to go through, anyone who makes it through that extraordinary contest to lead their party into a general election deserves our respect.”

Top Posts This Week

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.

Facebook

NUTJOB PLAID CANDIDATE: UK CREATED ISIS NUTJOB PLAID CANDIDATE: UK CREATED ISIS
MEDIA MINISTER MONITOR: LEAVE WINNING AIR WAR MEDIA MINISTER MONITOR: LEAVE WINNING AIR WAR
CPS SAYS UP TO COPS TO PURSUE TORIES CPS SAYS UP TO COPS TO PURSUE TORIES
IPSO: COKE PROBABLY WAS SNORTED AT MOMENTUM PARTY IPSO: COKE PROBABLY WAS SNORTED AT MOMENTUM PARTY
PMQS SKETCH: Corbyn Withstands Heavy Shelling PMQS SKETCH: Corbyn Withstands Heavy Shelling
DECC: Please Think Before You Print DECC: Please Think Before You Print
TOP TORY COPPER IN MILF PORN SHOCKER TOP TORY COPPER IN MILF PORN SHOCKER
SHAPPS THROWS FELDMAN UNDER THE BATTLE BUS SHAPPS THROWS FELDMAN UNDER THE BATTLE BUS
CORBYN REFUSES TO WITHDRAW HAMAS “FRIENDS” COMMENT 4 TIMES CORBYN REFUSES TO WITHDRAW HAMAS “FRIENDS” COMMENT 4 TIMES
SADIQ: “I’M SORRY” FOR RACIAL SLUR AGAINST MODERATE MUSLIMS SADIQ: “I’M SORRY” FOR RACIAL SLUR AGAINST MODERATE MUSLIMS
TWO MORE LABOUR COUNCILLORS RANTED ABOUT “JEWS” TWO MORE LABOUR COUNCILLORS RANTED ABOUT “JEWS”
CRUZ QUITS, HITS WIFE CRUZ QUITS, HITS WIFE
KHAN CALLED MODERATE MUSLIMS “UNCLE TOMS” ON IRANIAN STATE TV KHAN CALLED MODERATE MUSLIMS “UNCLE TOMS” ON IRANIAN STATE TV
NAZ SHAH RESIGNS FROM HOME AFFAIRS SELECT COMMITTEE NAZ SHAH RESIGNS FROM HOME AFFAIRS SELECT COMMITTEE
HAMAS DISTANCE THEMSELVES FROM CORBYN HAMAS DISTANCE THEMSELVES FROM CORBYN
LABOUR COUNCILLOR DEFENDS COMPARING JEWS TO HITLER LABOUR COUNCILLOR DEFENDS COMPARING JEWS TO HITLER
TOP CORBYNISTA MP TWEETED ABOUT PUTTING ISRAEL IN MID-WEST OF AMERICA TOP CORBYNISTA MP TWEETED ABOUT PUTTING ISRAEL IN MID-WEST OF AMERICA
GOVE TOPS CONHOME POLL AGAIN GOVE TOPS CONHOME POLL AGAIN
UBER, BUT FOR BREXIT UBER, BUT FOR BREXIT
LABOUR’S BANK HOLIDAY TIMELINE LABOUR’S BANK HOLIDAY TIMELINE
THIRD LABOUR COUNCILLOR SUSPENDED OVER “HITLER” TWEET THIRD LABOUR COUNCILLOR SUSPENDED OVER “HITLER” TWEET
LABOUR COUNCILLOR: ISRAEL BEHIND ISIS, “ZIONIST JEWS ARE A DISGRACE TO HUMANITY” LABOUR COUNCILLOR: ISRAEL BEHIND ISIS, “ZIONIST JEWS ARE A DISGRACE TO HUMANITY”
ANOTHER LABOUR POLITICIAN WANTS TO “RELOCATE” JEWS TO AMERICA ANOTHER LABOUR POLITICIAN WANTS TO “RELOCATE” JEWS TO AMERICA
DIANE ABBOTT CAR CRASH: ANTI-SEMITISM A “SMEAR” DIANE ABBOTT CAR CRASH: ANTI-SEMITISM A “SMEAR”
KHAN ALLY: “ISRAEL IS A TERRORIST STATE LIKE ISIS” KHAN ALLY: “ISRAEL IS A TERRORIST STATE LIKE ISIS”
DIANE ABBOTT DEFENDS NAZ SHAH, SAYS ANTI-SEMITISM ISN’T A PROBLEM FOR LABOUR DIANE ABBOTT DEFENDS NAZ SHAH, SAYS ANTI-SEMITISM ISN’T A PROBLEM FOR LABOUR
Fiorina Drops Fiorina Drops
£500,000 EXPENSES FRAUDSTER MEP JAILED £500,000 EXPENSES FRAUDSTER MEP JAILED
SEUMAS MILNE PRAISES HAMAS SEUMAS MILNE PRAISES HAMAS
ALLEGED GRANNY BASHER MP IN COURT TODAY ALLEGED GRANNY BASHER MP IN COURT TODAY