April 25th, 2012

+ + + Double Dip + + +

UK GDP fell -0.2% in Q1 2012. Ouch…


228 Comments

  1. 1
    Steve Miliband says:

    Houmous and Taramosalata

    Like

    • 7
      Ah! Monika says:

      lol

      Like

      • 26
        Hang The Bastards says:

        These thick bastards just dont get it.

        If you tax us to death how the fuck do you think people are going to spend ? You have taken all our money.

        Get out of the EU and use the billions saved to lower petrol prices, lower VAT and tax cuts for workers, not scroungers.

        Like

        • 114
          Rage Against the Political Elite. says:

          Concise and Correct 100%

          Like

          • Dave says:

            Pupils stand UP! Francis filling UP! Dad’s offshore tax evasion UP! Jeremy fucks UP! William and Liam’s cocks UP!

            Everything’s UP! So shut the fuck UP!

            Like

        • 137
          Steve Miliband says:

          If you want the private sector to get growth going, cut taxes so they having money to spend

          Like

        • 150
          Jimbo says:

          Spot on and well said, I also think that they should be hanged after all they have committed treason by giving our sovereignty away to Europe.

          Like

      • 51
        David laws Lib Dem fiddler says:

        And Cameron and Co can still give £50 million pounds of taxpayers’ money to the EU each day! Cameron also wants to make it law to give £35 million pounds each day to overseas aid. Clegg and chums resist the welfare cap of £26,000- more than most people earn- so it does not pay to work. Pickles has done nothing about the 3,000 local authority employees earning more than £100,000 each year. Immigration soaring, migrant workers claims for welfare increasing. Can these loony tunes add up???

        Osborne just gave away another £10 billion of taxpayers’ money to the IMF to Shore up the Euro- he stated CLEARLY, as they always do, that he would not do this. Cameron confirmed this as well. There were £8.6 billion cuts last year and the UK taxpayer had paid over £12 billion in bali outs- money that had to be borrowed with interest to be given away to help an EU project. No such help came from the French or Germans when the Uk tried to enter the ERM, quite the opposite, they sold sterling to exacerbate the problem. Cameron would know this as he was a SPAD to Lamont at the time!! Once more, can the loony tunes add up? Stop spending it is not a difficult concept to understand and you do not need a PPE from Oxbridge to grasp this point. What sort of innumerate dick wits are they producing?

        Like

        • 90
          Rage Against the Political Elite. says:

          Do you trust the governments DATA?
          If the government levy higher TAX on FUEL, ENERGY, VAT.

          They will leave less in the economy and it will shrink, Propping up the governments Ponzi scheme wont and isn’t working.

          Like

          • Gordon Brown says:

            Tax cuts take money out of the economy.

            Like

          • Rage Against the Political Elite. says:

            Yeah Gordon that will be right! All that rear entry activity has muddled your BRAIN.
            If the government get their hands on the money first the consumer cant spend it on the high street.

            Like

        • 98
          Sandra in accounts says:

          Cut taxes.

          Sack 1 million public sector workers.

          Stop all payments to the EU.

          Close DFID.

          Not rocket science – if you want growth – get rid of the state parasites & cut taxes.

          Cameron & Osbourne OUT – your Labour “lite” Brownonomics are a disaster.

          Like

          • Whitehall says:

            Just try it Sandra

            Like

          • Rage Against the Political Elite. says:

            Yes Sandra you do know you are talking revolution

            Like

          • 5th at*tempt to p*ost this co*mment says:

            @R*AP*E (Oh, I’ve just got it!)

            It’s not rev*olution, it’s just com*mon se*nse. Which is sadly la*cking in Number 10.

            Like

          • Rage Against the Political Elite. says:

            The Public Sector gravey train for the suits will not be taken easily. Believe me you will have a fight on your hands. No problem getting rid of the workers and reducing their conditions and wages. BUT NOT THE SUITS. It will take revolution.

            Like

          • Rage Against the Political Elite. says:

            I know its clever isnt it.

            Like

        • 107
          Rage Against the Political Elite. says:

          Ha Ha The Phoney Drug War is not half damaging the economy. Wonder if Cameroon is going to tell us how the PEACE TIME DEFICIT is still at its largest as he and OSBOOM Grow it and keep on damaging the capitalist economy.

          Like

        • 125
          Rage Against the Political Elite. says:

          Reaganomics. War on Drugs Fills prisons keeps a load of coppers in a job. Well done Murdoch for driving the Media side of the DRUG SCAM.

          Like

          • I think you’ll find the only way to carry on in the horror of war IS to be on drugs, so you have to have a war, on drugs.

            If you meant the other thing – MP’s are too frightened to speak truth to power, i.e. the electorate – legalise and licence recreational drugs – both supplier and consumer. Tax them, control distribution, treat the addicts and completely f.uck up organised crime. Erm…. that’s about it – oh and mandatory sentence of 25 years for supplying or taking controlled substances without a licence. 75 years if coupled with supplying to underage (must be 21 or over to use or legally supply, I’d suggest)

            We’ve tried the other way, may as well shoot for the moon. (Or a vein, if it’s your fancy, in the privacy of your home!)

            Like

          • Rage Against the Political Elite. says:

            A lot of commonsense said, however you have to take into consideration the criminal enterprise is the STATE. Afghanistan since NATO invasion is NOW the worlds greatest supplier of Heroin and Cannabis. Follow the DOTS and make up the picture. The State and the Security apparatus aren’t going to come out and admit their complicity

            Like

        • 149
          misterned says:

          Indeed. The problem is not that conservatism has failed. The problem is that conservatism has not been tried yet. The conservatives have continued along the same economic path that labour were going along under Alistair Darling’s plan, just with a bit less QE.

          We need to try real conservatism. This Blairite bollocks clearly is not working.

          As other have, and will continue to state:

          1. Get us out of the EU
          2. Stop pissing money away on overseas aid
          3. Shut the DFiD
          4. Scrap the insane climate change act
          5. Scrap benefits to bigamists and all their wives
          6. Reduce immigration dramatically. Only allow in people who will contribute economically.
          5. Give massive tax cuts to exporting businesses.
          7. Massive tax incentives to draw inward investment from overseas.

          This is not rocket science.

          The Government have blamed “difficulties in the Eurozone” for our slipping into recession.

          The answer to that is simple. Get us the fuck out of the EU altogether!

          Like

          • The Conservative Party says:

            Thank your for your suggestions to David Cameron.

            However, we note from our records that you have not paid Dave his quarter of a million pounds ‘listening fee’. This fee must be paid before Dave will listen to any of your comments or suggestions.

            Please make payment within 48 hours or your comments will be deleted, unread.

            Thank you for contacting Dave.

            Like

          • Jimmy Lovelock - treasonous stooge of the oligarchs says:

            Warm for the time of year, don’t you think. Global Warming, I expect.

            Like

          • Rage Against the Political Elite. says:

            Too right, however They need to STOP employing people in the Phoney WARS. Prohibition of Alcohol and its non taxation and the cash stolen out of the economy was a FACTOR in the USA crash.

            They where forced to stop it to get the economy back to work. The UK economy is having Billions stolen out of the economy in the Phoney Drug prohibition. WAR police State apparatus. DONT ADD UP.

            Like

          • Bristolian says:

            ’tis a bit wet down yere. ‘ow come I was expected to listen to London Mayors on telly last noight. We ‘as our own Mayors shit to listen to. Bloody Londoners.

            Like

          • Yep, and straight from the equines entrance, James Lovelock:

            http://news.investors.com/article/609042/201204241902/gaia-theorist-admits-errors-on-climate-change.htm

            Who would have seen that coming – LOL!!!

            Like

    • 27
      George Osborne says:

      Oh dear that’s a disapointment. I know how to solve the problem though, I will raise taxes and make energy fiercely expensive, that should do the trick.

      Like

      • 37
        jgm2 says:

        Not at all. The obvious thing to do was to print 10bn quid and employ another 200,000 civil servants last quarter.

        Hey presto… ‘growth’.

        Like

        • 58
          David laws Lib Dem fiddler says:

          A dinner with a news mogul will do the trick to spin how good we are.

          Like

        • 109
          Rage Against the Political Elite. says:

          Its what the USA are doing and it cant go on forever. What a Shit storm is coming

          Like

      • 93
        Alistair Darling says:

        Exactly my dear fellow these torys have not got a clue. Me and gordon spent 300billion for %0.1 growth.

        You can’t trust the tories when it comes to the economy!

        Like

      • 158
        My comment is awaiting moderation says:

        @George Osborne

        “make energy fiercely expensive”

        Congratulations. Your strategy on reducing carbon emissions seems to be working, and as a result we have not had any Global Warming, and with the upcoming increase in fuel duty I expect will will soon be talking about Global Cooling. Well done George – keep it

        Good luck with the Euro rescue!

        All the best…

        p.s. Do you have any ideas about tackling Global Cooling?

        Like

    • 72

      Hasn’t that Welsh footballer just said he’s going to appeal HIS double dip?

      Like

    • 82
      JAKE says:

      POSH BOYS GIVE THE PUBLIC A CHANCE TO VOTE IN A ELECTION……AND GO BACK TO HUNTING FOXS.

      Like

    • 129
      Newton says:

      A fith of one hundredth is neither hear nor there. It means absolutely nothing.

      Like

      • 190
        Lies, damn lies and... says:

        Rounding error. When the real figures come out in a month’s time they’ll be completely different anyway.

        Like

        • 199
          Load of bollocks says:

          “Wednesday’s estimate is the first of three by the ONS, and is based on just 40pc of the final data, meaning the figure could be revised up or down in the coming months.”

          Like

    • 194
      Anonymous says:

      and despite this, and all the comments, you lot still vote for them! if you vote for any of the 3 major parties then you are endorsing their actions.

      So you have no right to moan or place these comments here.

      It’s your fault for putting your cross against any one of the 3 major parties, you know the ones, the ones the beeb will only report on and give air time to, that is paid for by the us the licence fee payers!

      Like

      • 223
        Marion the cat says:

        Not quite true, the Beeb are very happy to quote/interview and otherwise advertise the Greens.

        Like

  2. 2
    Vimeiro says:

    So the petrol panic gamble failed.

    Like

  3. 3
    Steve Miliband says:

    Still at least it’s 0.1% better than last quarter

    Like

  4. 4
    Not Dave's Fag says:

    So in a recession with 5% inflation.

    Good work Useless and Hopeless.

    Now stop printing, let the weak fail. It will hurt but the sooner the rubbish is consigned to the dustbin of history he sooner real capitalists can pick this country out of the mess it is in

    Like

    • 15
      Angry of London says:

      No chance. If printing 5% GDP didn’t stop the recession, they we obviously need to print 10%. Forget the fact that this maintains unsustainable asset prices and zombie businesses – thus killing any real innovatiuon. Just focus on all those landlords who need their rent.

      Like

      • 126
        Mr Prisk of Truro but MP for Hertford with at least three properties says:

        You hit the nail on the head. All these MP’s, County and District Councillors own Buy to Let properties. The whole economy is now based upon keeping all real estate prices artificially high. Total madness.

        Like

    • 31
      George Osborne says:

      Real capitalism? Yuk, I prefer the nice cosy crony kind with lots of rigged markets.

      Like

    • 40
      nellnewman says:

      5% inflation my giddy aunt!

      Anybody that does the weekly shop knows it’s nearer 8% or 9% but governments have got very good at hiding these figures.

      Like

      • 73
        Trolls -Who Needs Them? says:

        Why are you worried? We were in recession under Labour for years.They simply borrowed to cover it up. The Boom did not last long;the Bust is going to be around for a while.

        I am pleased you at least now understand the smelly stuff we are in but it is not new.

        Like

        • 89
          jgm2 says:

          Quite so. From 2001/2 onwards the Maximum Imbecile was borrowing 2,3,4% of GDP every year to engineer 1,2,3% of ‘growth’.

          In the final year of the Imbecility they borrowed 11% of GDP to engineer 0.1% of ‘growth’.

          For the last two years we’ve been borrowing 9% or so of GDP to engineer 0.2% ‘growth’.

          It’s been fucked for the last decade. This ‘double-dip’ is a just an artefact. A second order ‘recession’. Without insane amounts of borrowing – over 1,000 billion since 2001 – we’ve been in deep recession for a decade.

          Like

          • The great unwashed says:

            Thank you for explaining what I was also thinking so very clearly. The only thing Osbourne can do is tax and cut harder and deeper. The sooner we swallow the pill, the sooner we will be out of it.

            Like

          • Fish says:

            Quite. Actually by 2002 we were in surplus and had started paying down our debt (Labour had initially followed Tory economic strategy). Freed from those contraints, Gordon Brown lost control of the economy the cost of which Britain will be paying for a generation.

            The analagy made by one of Guido’s co-conspirators, is especially good this morning – Labour are like arsonists criticising the fire brigage. And that’s not only true on the economy, but on Leveson, on Europe, on health on education, on defence and on so much more.

            What a pile of poo this Government was left with. I wonder whether it would have been better to have allowed Brown to continue as as a minority administration (with the Liberals). And allowed it to collapse. We might have ended up with a majority Conservative government and a different, more robust approach to these ills.

            Like

        • 96
          nellnewman says:

          Never doubted the bottomless black hole that gormlessgordon dropped us in before he went and hid behind the chair in his dark kirkcaldy playroom. But you’d have thought this lot would have made a better job of digging us out of it!

          Like

      • 78
        I don't need no doctor says:

        Try the “reduced” shelves Nell. Mind you, you have to elbow the OAPs out of the way first.

        Like

        • 182
          Mr Helpful says:

          And shop around, especially for cleaning products and toiletries. eg: 750ml Mr Muscle shower cleaner. £3.20 in Waitrose. £1.49 in an independent store. Same product, 100-and-a-bit percent dearer in a supermarket.

          Like

      • 86

        More to the point, Nell – they pay out on Governemnt Gilt investment bonds based on this 5% “infaltion” figure plus a small percentage. If they used the realities we all see and you stated the would be cattled, because the inflation part payments are tax free.

        So, higher payments, no income – same as us really!

        Like

  5. 5
    Tooth fairy says:

    OK from what I know about economics, haven’t all other similar double dips recessions then were followed by recovery?

    Is there any such thing as a triple dip recession?

    Just asking

    Like

    • 12
      Ah! Monika says:

      Eventually we will have an infinite number if dip recessions. Unless of course we find a planet with growth potential.

      Like

      • 22
        stevetierneyuk says:

        There’s no shortage of growth potential. We create the obstacles, we sap the energy and we disincentivise the productive. We have only ourselves to blame.

        Like

  6. 6
    Are you comparing Osborne to Brown? says:

    And after the cunning trick of getting as many of us as possible to buy petrol in March rather that April just to push retail sales up.

    Or are the b**** just incompetent?

    Like

    • 14
      Anonymous says:

      It’s ok. That’s a conspiracy by the BBC. See how they’re reporting it. Commies.

      Like

      • 16
        Not Dave's Fag says:

        Oh do grow up. Commies? Left wing perhaps. Biased certainly. Commies they are not.

        Like

        • 21
          The British Broadcasting Commune says:

          Yes we are.

          Like

        • 56
          I Remember You Hoo says:

          Most of the BBC senior positions are held by Common Purpose graduates, you know, the Marxist ‘charity’ that is working towards government in the post democratic era. Make of that what you will, to me the BBC looks awfully close to a communist propaganda outfit.

          Like

          • Tristram Smallbore-ffipps says:

            It is really sweet how all the “Care in the Community” releases have gravitated to this site.

            Like

          • Really? says:

            You deny most BBC senior staff are not Common Purpose? Of course you can provide evidence to the contrary can’t you? Thought not.

            Like

          • Tristram Smallbore-ffipps says:

            The concept of requiring proof of a negative – the last resort of fascists?

            Like

          • Really? says:

            So let me get this straight, you deny that many senior figures at the BBC are Common Purpose graduates yet offer nothing to back up your assertion, except a rather lame and predictable slur.

            Given that it is demonstrably provable that many senior figures at the BBC are Common Purpose and have admitted their association with the Marxist organisation, your resort to insult leaves you looking rather a fool, as usual.

            Like

          • Tristram Smallbore-ffipps says:

            Welcome Senator McCarthy.

            Like

      • 170
        Fish says:

        Yes – on the day the ballot confirmed drivers had voted to strike – the BBC were all over the story with half-hourly bulletins, talk of shortages and interviews with Unite saying that the strike would affect 80% of filling stations.

        The sale of jerry cans had double at one national DIY chain the previous week-end. That was all before the Government said a word.

        There’s more to come: Unite have used the negotiations to string this out to give them the ability to now call their strike over the Jubilee week-end.

        Like

  7. 8
    Carl Marks says:

    Double Dip? Is that a Dirty Desmond movie?

    Like

  8. 9
    Steve Miliband says:

    Still at least there are any local or mayoral elections soon

    Like

  9. 10
    I don't need no doctor says:

    If labour were in power growth would be 10%. That is allowing for fiddling the facts, cover ups and down right lies.

    Like

    • 77
      a non says:

      Correct. Conservative growth or the lack of it is benign because of austerity, and relatively harmless. Malignant Labour public sector invasive growth has always been shown to eventually result in death of the ‘patient’.

      Like

      • 177
        Really? says:

        Austerity?

        Didn’t we just chuck yet another 10 billion down the Eurozone crapper, never to be seen again? Is that the same austerity you are on about along with the ‘feel proud comrades’ DfID billions we are throwing at countries who don’t even want it?
        The austerity of fuel poverty because 70% of the cost of fuel is tax? The austerity of unaffordable “clean green energy” that is not clean or green but is horrifically expensive and unreliable?

        Zombie socialists run the country still, they just have a different brand logo.

        Like

        • 193
          David Camoron says:

          I would love to be able to reduce the cost of fuel, but it’s quite out of my control.

          I would also like to stop and chat about how important austerity is, and the need to crush economic recovery under the jackboot of high taxes, but I’ve got to pop along to the post office and send today’s payment of £50,000,000 to the EU.

          Toodle pip!

          Like

  10. 11
    George Osbrowne says:

    I learnt from my master.

    Like

  11. 13
    illogical says:

    Shurely construction cannot be struggling.
    Making mountains out of molehills has shown a 50% growth in the last 12 months.

    Like

  12. 17
    Gordon Brown says:

    0.2% contraction?

    Call that a recession?

    Like

  13. 19
    Lord Snooty says:

    We have had enough of these spiffing wheezes.

    Time to clear the dead wood.

    Let market forces apply.

    We have all had enough time to get our money out of the vulnerable industries.

    Devil take the hindmost and all that!

    Like

  14. 23
    Stan Butler says:

    BBC are positively gloating at the news.

    Like

  15. 27
    JH says:

    So, rewarding fecklessness and waste while punishing producers is harmful to the economy.

    Whoodathunk?

    Like

  16. 29
    SAS - NOT !!!!! says:

    Seems that Ed Balls was right then

    Like

    • 44
      jgm2 says:

      What? If you print enough money you can have perpetual ‘growth’?

      Worked well for Mugabe.

      Like

      • 87
        Frank's son says:

        But the BOE have been printing billions more.

        Like

        • 117
          jgm2 says:

          Hence 5% inflation.

          But that’s been the strategy since the balloon went up in 2008. Inflate away all our debts. Government, personal and corporate.

          Indeed it’s the only possible strategy left which is why it’s being pursued. So fucked is the economic situation the Maximum Imbecile dr*o*ve us into.

          Like

  17. 30
    Raving Loon says:

    Thank god we’ve got that solid manufacturing base and highly motivated work force to get us through this difficult time.

    Like

    • 45
      jgm2 says:

      When did we last have that?

      Like

      • 60
        Axe The Telly Tax says:

        When John Major left office manufacturing was 21% of GDP and highly efficient.

        Then came the Blair Brown terror.

        Don’t leave it too late to emigrate.

        Like

        • 74
          jgm2 says:

          It’s already too late.

          The sweet spot was 2007.

          Admittedly though it’s probably still better to leave now that wait and hope for the best. The best has been and gone and won’t be seen for another twenty years if we’re lucky. Longer if we’re unlucky.

          Like

          • May 2007 was perfect.

            After 37 continuous years of house-ownership in the UK, it was a sweet call.

            Like

          • Mine d'Boggles says:

            Just another perspective: I left UK in 1968 and on the boat to RSA (Edinburgh Castle) were some ex-union people who told me that the unions were the problem and were breaking industry down. So maybe there were some nice times now and then, but the writing on the wall was visible to skilled workers in 1968.

            Like

      • 62
        smoggie says:

        In the sixties before Wilson, Callaghan and the unions destroyed it.

        Like

        • 79
          Raving Loon says:

          +1 The Unions undermine every industry they infect.

          Like

          • That and, in the 60’s & 70’s, some pretty disastrous management of huge state owned companies – i.e. British Leyland.

            Did the two sets of bast.ards (unions and state appointed management) collude to screw up our heritage? I think we should be told.

            Like

  18. 32
    David Camoron says:

    I say, chaps and chappettes! If you’re struggling to buy things during this recession thingy, I have a whizzer top-tip for you.

    Next time you send your maidservant to get the shopping, make sure she brings back the receipts. Then ask your secretary to submit the receipt to your employer’s expenses department, and they’ll add the cost of what you’ve paid to your next wage packet. Ta-da! You won’t have to pay for anything.

    That’s what I do and it works like a charm. So stop moaning and step to it!

    Toodle pip!

    Like

  19. 34
    David Camoron says:

    I say, chaps and chapp*ettes! If you’re struggling to buy things during this recession thingy, I have a whizzer top-tip for you.

    Next time you send your maidservant to get the sho*pping, make sure she brings back the receip*ts. Then ask your secretary to sub&mit the receipt to your employer’s expenses department, and they’ll add the cost of what you’ve paid to your next wage packet. Ta-da! You won’t have to pay for anything.

    That’s what I do and it works like a charm. So stop moaning and step to it!

    Toodle pip!

    Like

    • 116
      nellnewman says:

      This weird language always makes me laugh. chaps and chapettes , whizzer top-tip and toodlepip?!!

      Where do you come from. I’ve never lived anywhere that spoke like that.Although I do wonder if perhaps you are a labour mp or something – most mps I suspect talk weird language and live on another planet.

      Like

      • 171
        rosemary says:

        The peudo Bertie Wooster rhetoric combined with the reference to fiddling shopping receipts etc suggests a TV Chef convicted of shoplifting.- A classical thyme warp?

        Like

        • 186

          I suppose, though, if we used the screen name “Ed Miliband” and used words like “My life, already” – “Troubles, I’ve got so many troubles I haven’t even used some of them yet” – “Oy Vey” and “SHUSH, Hymie, the fire sale is NEXT week!” we would be accused of stereotyping an ethnicity?

          Still, mustn’t grumble.

          Like

          • Nobody talks like this says:

            No, indeed to goodness, boyo, look you.

            Like

          • David Camoron says:

            .. and you mustn’t stereotype ethnicities!

            By jove, I love ethnicities. That’s why I’m increasing immigration. Because I just love ethnics. The more the merrier, what what?

            In fact, I love them almost as much as I love kweers. Lovely rugmunching kweers. How I love them. I want to marry them all.

            Toodle pip!

            Like

    • 119
      The Iron Chancellor says:

      Thats what I did as well, even covered my light bulbs and sky tv package as well as enabling me to show my generosity by paying my cleaner a handsome wage via my brother.

      Like

  20. 35
    Lets get this right. says:

    Osborne has not cut fast enough, and figures show he is following Labour plan to halve deficit.

    I don`t think Labour should be that smug about this.

    Like

  21. 36
    SIR EVERARD PENIS QC says:

    A “Double Dip” takes on a whole new meaning for our public school oiks today
    The clueless wankers that run “Our Country” For the 8 quaters since Osbourne was allowed to be chancellor He has got it Wrong
    Merv king has had 24 attempts at predicting growth figures and 24 times he got it Wrong (But get’s a knighthood for coming close) growth predictions and forecasts ALL Wrong ! but hey let’s keep borrowing more and more money to give to other failing countries and borrowing more and more money to pay more and more unemployment benefits
    I’ve been around a long time and as clueless C*nts go this bunch are worse by a country mile !

    Like

    • 49
      jgm2 says:

      Age has obviously affected your memory.

      The Maximum Imbecile squandered 300bn quid to buy 0.1% of ‘growth’ just before the last election.

      Like

      • 84
        I Remember You Hoo says:

        Agreed jgm2, however it still does not make Osborne’s slavish continuation of Labourfilth’s appalling command and control, borrow, print, tax and spend bullshit, any the more acceptable.

        Like

        • 103
          Frank's son says:

          Correct IRYh. Unfortunately jgm2 is so fixated on Brown’s failings he cannot see the pathetic performance of Osborne.

          Like

          • jgm2 says:

            Brown’s failings are so monstrous that nobody could have fixed the UK economy without severe pain or a ‘double-dip’ recession.

            If Osborne has faults – and he does – it is that he didn’t go in hard and fast on Day One. Go straight into a double-dip and slaughter the public sector. Get it over with.

            Now we’ve wasted two years giving people false hope that there was some painless way out of the Brownian clusterfuck. There ain’t. There never was. I don’t know why they even bothered pretending.

            Mervyn King warned the nation back in 2009/2010 that whoever was elected would be forced to make such hard cuts that they’d be out of power for a generation.

            Where are these ‘cuts’? Why weren’t/aren’t they being made? We’re just two years older and no further into curing the fucking mess. Four years since 2008. Four years wasted.

            Thank you Brown. You wicked and malicious c*unt.

            Like

          • David Camoron says:

            “We’re just two years older and no further into curing the fucking mess.”

            Yes, but I have been able to give-away more than £22billion in foreign aid, which I am sure makes you all feel very very proud. Very proud, indeed.

            Toodle pip!

            Like

          • David Camoron says:

            “We’re just two years older and no further into curing the fucking mess.”

            Yes, but I have been able to give-away more than £22billion in fo*reign aid, which I am sure makes you all feel very very proud. Very proud, indeed.

            Toodle pip!

            Like

        • 104
          jgm2 says:

          Indeed. Osborne should have cut hard and deep from Day One. Do like the Ir*ish. 20% headcount or pay cuts for the bedwetters, boxtickers and bastards from Day One. Their choice.

          It would be over by now. Instead of which it’ll be another three months (minimum) of Ned Balls swaggering around giving it ‘I told you so’. As if it was a surprise to anybody that the economy Labour had bequeathed was anything other than a disaster waiting to happen.

          Like

  22. 39
    Steve says:

    I really do not understand this, in the past 12 months our re-curring turnover has GROWN by over 270%.

    Where is this recession?

    We are expanding, employed a new staff member this month, looking for another 2 staff (who are difficult to find with the correct experience).

    Like

    • 54
      edmarrtin says:

      Me too Steve – in chemicals trade/industry – and most people with whom I deal.
      And no, there no shortage of finance.

      Rising Sterling is a concern, but the greatest worry is described by my good friend ‘this septic pile’ in comment 38 below. Thats the outlook for most of the rest of the population – and at what cost?

      Like

  23. 41
    this septic pile says:

    Now it starts and the question of whether the country can pay off its debts faces us.
    Rising interest rates and the possibility lower disposable incomes leading to deflation should do the rest.
    Its fortunate that our politicians have more important things to trouble them – like their careers.

    Like

  24. 42
    Steve Miliband says:

    So where the fuck does all the tax I pay go?

    Like

    • 53
      I don't need no doctor says:

      Pilgrims.

      Like

    • 55
      I don't need no doctor says:

      Labour’s wars.

      Like

    • 57
      nellnewman says:

      MPs expenses, Lords lifestyles, subsidised bars and restaurants in the Palace of Westminster, Dave’s dinner parties at no10 & Chequers (tho’ thank the Lord they aren’t cringeworthy pyjama parties!!) vincecable’s dancing lessons, militwit’s speech therapy …………………….

      Like

      • 85
        Axe The Telly Tax says:

        Indian space program, Pakistani nuclear missiles,African dictators Swiss bank accounts, Quangos, 2 million box tickers, bedwetters & bureaucrats, climate change scam, propping up the Euro & the feckless Greeks,Spanish,Portugese,Irish etc.

        Don’t leave it too late to emigrate.

        Like

      • 91
        Axe The Telly Tax says:

        Indian space program, Pa-kistani nuclear missiles,African dictators Swiss ba-nk accounts, Quangos, 2 million box tickers, bedwetters & bureaucrats, climate change scam, propping up the Euro & the feckless Greeks,Spanish,Portugese,Irish etc.

        Don’t leave it too late to emigrate.

        Like

        • 201

          Paying for the pensions we once had in over abundant surplus, and then raided by, initially, the Tories, and then used as like a pikey’s lottery win by that sniper’s dream, Shit.stain Brown.

          No wonder we’re cattle trucked.

          Like

    • 59
      I don't need no doctor says:

      Labour’s overspending.

      Like

    • 68
      edmartin says:

      wages – 2/3rds of spending depts budgets

      Like

    • 88
      Stan Butler says:

      The long term unemployed,ie scrounging tw@ts.

      Like

    • 123
      Where the money goes says:

      The Indian Space programme, its not rocket science.

      Like

    • 204
      Blimey, everyone knows this says:

      Benefits scroungers. Abu Qatada’s mansion.

      Like

  25. 43
    Anonymous says:

    Where’s Humdinger’s Cat when you need her? I’m wanting a defence of Our Dear Leaders.

    Like

    • 92

      You will have to wait a long time.

      I take the RPI, (not CPI) double it (to eliminate frigging) and take the result off the growth figure.

      We have been in an unending recession since McBroon.

      You can stick your Robert Pestons and your Stephanie Flanders up your arse for all the good they do.

      Like

      • 144
        Tristram Smallbore-ffipps says:

        At last a sensible and useful suggestion. All we need is to find a suitable arse to stick Peston up…….is Pickles around?

        Like

        • 166

          Thank you.

          I would like to make clear that when I said I regarded you not as a Smallbore but a Bigbore, I was referring to the importance of your comment and not, as I realised with horror afterwards, a reference to the last part of your illustrious moniker. I fully apologise and accept responsibility in the case that anyone was given the wrong impression and am glad to have the opportunity to put matters straight.

          Like

  26. 46
    nellnewman says:

    I suppose it doesn’t help that georgieporgie threw another 10billion that we don’t have at the sinking euro through the IMF.

    Like

    • 65
      I don't need no doctor says:

      Is the £10 billion a committment rather than an actual cash payment?

      Like

      • 71
        smoggie says:

        It’s essentially an overdraft facility upon which the government earns interest. Has fuck all effect on growth.

        Like

      • 80
        nellnewman says:

        Is that right? Because if it is he’d better change his mind fast. There’s no support anywhere in the UK for more money that we don’t have to be given to the EU.

        With luck the collapse of the eu and euro will happen in my lifetime. I shall organise a street party to celebrate if that auspicious day arrives.

        Like

        • 100
          I don't need no doctor says:

          I think the euro collapsed many years ago. Like labour the EU has been very good at covering up the true facts.

          Like

        • 118
          I Remember You Hoo says:

          You will not have to wait long nell, the Euro is unsavable.

          The payments / loans, call them what you like, will never be repaid. Nor one penny of interest. Anyone who imagines that the PIIGS have a pot of gold hidden in a back room that will solve the incoming shitstorm, is frankly either deluded or the Chancellor.

          Like

          • Tristram Smallbore-ffipps says:

            The problem is less the PIIGS and more Longbridge sur mer. Anyone who believes the numbers from France also believes their claim that Sarky is 5ft 7ins.

            Like

  27. 47
    Hang The Bastards says:

    Camoron and Osbrown have done fuckall to get this country back on track…

    Tinkering with the deckchairs rather than releasing us from the tax burden imposed by Labour, wasting money on EU and IMF.

    The the UK taxpayers a £10 billion “loan” George, rather than dishing it out to another feckless state.

    Im voting UKIP !!!

    Like

    • 70
      nellnewman says:

      Well I might but not until they make quite clear what all their policies are. One of their ilk has been canvassing round here for the local elections, something of an oddball and very vociferous anti-abortionist.

      Doesn’t seem to know anything about local issues , potholes in road size of footballs, graffiti over walls at local shopping centre, expensive traffic calming measures disgracefully & pointlessly installed on rural virtually traffic free roads and that sort of stuff.

      Like

      • 106
        Mr Prisk of Truro but MP for Hertford says:

        I thought you were describing East Herts District Councillors for a moment. The only difference is ours are Tory

        Like

      • 224
        Marion the cat says:

        Read their website – which details their policies – pretty unexciting stuff I will admit.

        However, we have Cameron, we had Brown, we had Bliar all of which have proved to unmititiged disasters in retrospect. How afraid must we be to try something new, their performance hardly has climb above ‘complete shit’ to be an immense improvement.

        Like

  28. 48
    ToonBob... says:

    Outrageous……….. cataclysmic fall in gdp of Zimbabwean proportions :)

    Like

    • 52
      jgm2 says:

      Thanks to inflation of several million percent I think Bob Mugabe had twenty or so years of uninterrupted ‘growth’ as measured in Zim dollars.

      It’s the same strategy the Maximum Imbecile used.

      Like

  29. 64
    JH says:

    This is BREAKING NEWS on the BBC’s news site.

    I imagine the c*nts are rubbing their hands together, trying to decide whether to buy the Champagne to line the corridors with now or leave it until just before the election.

    Like

    • 69
      I don't need no doctor says:

      This should mean a 0.2% reduction in the license fee.

      Like

      • 111
        JH says:

        Actually, I think it should mean a 100% reduction and a ‘subscription model’ to replace ‘the unique way’ (read: menacing letters, then home visits by Capita thugs, then prison) the BBC is funded.

        Lets the fucking shirt lifting lefties learn the quick, hard way exactly how much people are actually willing to pay to watch/listen to umpteen channels of Labour propaganda, in which anything that destroys our culture = goodthink.

        Like

  30. 66

    Kaiser Otto’s 10 Principles for the White Man
    against Freudo-Marxist Bolshevism and Cultural
    Liberalism.

    1. We won’t allow subtle fictions to influence our
    minds. Television, radio, magazines, schools, and
    newspapers are designed to condition our minds
    with the sly propaganda of enemy pressure
    groups and anti-white man forces.
    Plato wasn’t joking when he warned us about the
    effect of poetry on the mind.

    2. We reject attempts to regulate our thought and
    language and are wary of political euphemisms.
    Political correctness will be openly defied by us at
    every opportunity. There is no such thing as
    racism, sexism, or homophobia. Beware of the
    tendentious rhetoric of manipulative liberals and
    social democrats dishonestly dressed as broad-
    minded ‘moderate’ opinion.

    3. Man is superior to woman. Women are better
    off staying at home and taking care of children and
    the elderly. Never argue with a woman. Humble
    her with a subtle “Quiet now, men are talking.”
    attitude. Leo Abse used Freudian psychology to
    influence the British parliament to legalise
    divorce, abortion, and other perversions of public
    decency. Later he founded the law firm Leo Abse &
    Coen and profited financially from these corrupt
    changes to the law. Children were destroyed by
    divorce and Leo Abse made a pretty penny. Now
    he’s gone, and there are men like him in every
    town in the world counting their immoral profits
    whilst laughing with glee.

    4. There are secret societies and pressure groups
    that indoctrinate the weak-minded with an anti-
    white man ideology and train them in the ignoble
    use of cunning practical psychological techniques.
    Learn to recognise and deal with the abilities of
    these charlatan ‘students’ or we’ll be destroyed.
    They have a common purpose and so do we, only
    we’ll be honest about our purpose and we’ll win
    because we’re right and true.

    5. Truth and beauty guide us. Morality and
    hypocrisy are two sides of the same coin known as
    Man. Forgiveness will protect our morals from the
    youthful fool’s impulsive walk towards
    indulgence.

    6. Transformative leadership is lacking. Our
    leaders have sold us out and can change little
    except the presentation of their lies. Embracing
    powerless frontmen and mouthpieces will get us
    killed. Take responsibility for yourself and your
    family. You are a transformative leader. Your duty
    in life is to create 12 more transformative leaders.
    Remember, Jesus Christ did it without killing
    anybody, and you can be a good man too. Think
    locally, act locally.

    7. Usury was a sin for a reason. Usury has ruined
    millions of families and subjugated dozens of
    nations. Usury is poison to the white man. Piles of
    paper money may or may not burn nicely, but gold
    glitters forever.

    8. Revolutions are started to benefit greedy
    financial interests and secure resources not to
    remove immoral dictators or protect ‘the people’.
    They send in the spies to forment discontent,
    divide and rule and profit handsomely from the
    hideous terror and bloodshed.
    Scandal is a weapon too.

    9. How would you protect your family if paper
    money were worthless, water supplies were
    poisoned, power sources were scarce, diseases
    were spread deliberately, and our official
    democratically elected government were
    reprogrammed to oppress our existence and steal
    our earnings and property? How would you keep
    your family warm, sheltered, and free from
    hunger and want? How would you restore order
    and de-escalate violence when the enemy
    stormtroopers want to stamp on your face
    forever? Are you prepared to be murdered?

    10. Education is the key to everything. The global
    education industry is controlled by our enemies.
    Take responsibility for educating your own
    friends and family. Teach them how to
    communicate properly using traditional methods.
    How to calculate numbers. How to defend the
    culture, traditions, art, family, religion, principles,
    history, morality, elitism, intelligence, truth,
    justice, and beauty of home.
    And how to spot a lie too.

    Fortis est veritas.

    “Society is indeed a contract. But it is not a
    partnership in things subservient only to the
    gross animal existence of a temporary and
    perishable nature. It is a partnership in all
    science, a partnership in all art, a partnership in
    every virtue and in all perfection. As the ends of
    such a partnership cannot be obtained in many
    generations, it becomes a partnership not only
    between those who are living, but between those
    who are living, those who are dead, and those who
    are to be born.” – Edmund Burke

    Good luck gentlemen.

    Like

    • 148
      Ted says:

      Thanks I feel so much better having read through all of that.

      I now think I need to have a lie down.

      Like

  31. 75
    Gonk says:

    Rational explanation for all this :
    Leaves in Gloucestershire
    Sporadic light snow
    Some rain
    Harold Wilson
    Foreigners
    Robert Peston

    Like

  32. 81
    Rinka Scott says:

    I am beginning to understand now why the lad with the ginger hair put his head over the parrapet the other day.

    The ONS is truly independent.

    Still think the pound will trade against the euro at 1.25 soon.

    Like

    • 136
      Really? says:

      If you are a betting man pile in, only be prepared to lose everything. The Euro is doomed, Eurozone governments are collapsing under the realisation of just how huge the hole they are in is. You could piss our entire GDP into it and have no noticable effect whatsoever.

      Like

  33. 83
    I don't need no doctor says:

    BBC reporters all having massive orgasms. I thought there was a watershed!

    Like

  34. 94
    I don't need no doctor says:

    Has Leveson just told the media and labour to shut the fuck up until all witnesses have been called?

    Like

  35. 115

    Then it’s a very good thing that modern democracies can print as much fiat currency as they like…

    Like

  36. 120
    Shopkeeper says:

    More like -20% if you live in the real world of retail rather than the phoney figures of plus or minus a fraction of a percent from government stat benders!

    I’ve been dipped so much I feel like a wet sheep.

    I just wish I had gone into the real money and become a politician!

    Like

  37. 121
    nellnewman says:

    I suppose bullyballs is already in front of his mirror practising his strange gurning movements to portray double dip ready for his frontbench appe@rance at lunchtime.

    Perhaps like gordon he can add some sort of jaw and mouth movement to make it even more entertaining.

    Like

    • 134
      Loungelizard says:

      Incredible that the left should be drawing attention to the extent of their economic incompetence. At least the gov is attempting to apply the brakes to slow the Juggernaut of debt rather than cramming on the gas towards total financial oblivion.

      Like

  38. 122
    Anonymous says:

    Another tory government, another recession.

    What’s new?

    Like

    • 132
      Frank's son says:

      Agreed! Alongside yet another Labour government and yet another recession, and it will continue forever and a day until we change the status quo.

      Like

    • 145
      Synic says:

      Nothing new. The usual corrupt self-serving politicians and a grossly bloated public sector. Sheeple all lazy and obese.

      Like

  39. 124
    Small Business says:

    I am punch drunk with tax and regulation

    Like

  40. 128
    Synic says:

    Why the fxxk are the Westminster and BBC luvvies so obsessed with the hacking saga. The media have always been rooting around in the sewers for stories about our corrupt hypocritical politicians and celebrities. That’s their job using whatever methods they can.

    Sack Leveson and Hunt and Co. now. Close down the Ministry of Culture Media and Sport forthwith. It achieves nothing of any real use. Save taxpayers money.

    Get a grip Cameron. Stop being weak.

    Like

    • 226
      Honest View says:

      The Beeb think it’s the main item of news because they are determined to sink a rival news organisation and they have the advantage of having compulsory contributions. Priority one: destroy Murdoch. Priority two (if that makes sense) destroy any government that isn’t Labour.

      Like

  41. 135
    The Right Hon Theresa April says:

    Just listening to one of my favourite Beatles tunes “Six Days a week “.

    Like

  42. 141
    SAS - NOT !!!!! says:

    Listen to yourselves…!!!!!

    LOL… loving all the Tory Apologists here today

    Figures from the Tory Treasury say we are in a double dip recession. Conservative blogger Guido’s flock response…it’s all the BBC’s fault.

    Cupid Stunt an open supporter of Murdoch, in cahoots with BskyB to gift them 80% control of all UK media. Conservative blogger Guido’s flock response…It’s all the BBC’s fault

    When are you going to learn apologists….. you support a corrupt bunch of arrogant conceited multi millionaire floppy hairs who do not give a toss about anyone…and that includes YOU !!!!!!!

    Like

    • 155
      Steve Miliband says:

      No. We quite clearly blame Gordon Brown. He is the one that fucked the economy. It will take years to get back to supply side growth.

      Like

    • 179
      Fish says:

      80% of the British Media? But the BBC weren’t up for sale

      Like

    • 198
      Anonymous says:

      I did suport these

      “When are you going to learn apologists….. you support a corrupt bunch of arrogant conceited multi millionaire floppy hairs who do not give a toss about anyone…and that includes YOU !!!!!!!”

      but I haven’t voted labour since 1997.

      Like

      • 209
        Loungelizard says:

        Admitting to voting for Blair is an admission of total gullibility, when did it dawn on you that you had sucker stamped on your forehead?

        Like

  43. 143
    Gonk says:

    Where can you go when you’re 50+ with a few quid, a wife and a small dog and the fucking Government leave you the fuck alone and get off your fucking back and give you a fucking break. Oh and some sun, some rain and space to breathe and stretch your arms out wide. Without a remote chance of listening to Robert Peston.

    Like

  44. 173
    Jimbo says:

    These idiots called politicians have no idea about the economy, budgets or taxation. They carry on spending to the odious Labour parties spending programme tax us to death whilst at the same time bailing out Bankers, spending more on over seas aid, starting illegal wars and bailing out Europes mickey mouse money and the economies of Europe. I t is time for a sweep out of our politicians and start again. We must always remember that most of these politicians past and present have committed treason aginst this country by selling out and supporting Europe, these need to be brought to justice and the death sentence brought back for this crime, guess who it was that had it taken off, yes Tony Blair.

    Like

  45. 174
    SAS - NOT !!!!! says:

    David “The Cock” Cameron has been caught on tape giving hand relief to Rupert Murdoch, while singing a melody of Kyle Minogue songs, and hoping on one leg. He was also recorded saying “””I hate the British people, I think they are scum””………………….Conservative Blogger Guido Fawkes followers have responded stating that it is all the fault of Gordon Brown and the BBC…….etc etc etc

    Like

  46. 185
    Gary's armpit says:

    Twenty percent of one percent ain’t worth sweating about.

    Like

  47. 200
    Anonymous says:

    So hands up if you voted for any of the 3 major parties at the last 2 elections?

    Then don’t blame the politicians, blame your fucking selves, you voted them in!

    Don’t you ever learn?

    Like

  48. 208
    David Camerbroon says:

    I am here today to assure the nation that legislation will soon be in place to enable gay people, and how very joyful and gay they are, to be joined in holy matrimony and to all intents and purposes, married. So you see, there is really nothing to worry about, we are on the job of getting this great nation back on it’s feet, and putting the great back into, er, Great Britain.

    Like

  49. 215
    grobdj says:

    Hurrah! As we manufacturers have been saying for bloody years, the policy is wrong.

    An economy which is 80% services is not sustainable. End of.

    Although the spiral of spin is now unwinding, please do not expect manufacturers to suddenly pull the country out of the shit. Expect plenty of media coverage of manufacturers here and there who are doing a little better, but the reality is that this years budget did nothing to incentivise those of us already working in this sector. Project Merlin has now ended – banks are using every spare penny to gamble on commodities, or unwind their derivative positions rather than lend to us on sensible terms.

    With the policy already set for the next 12 months, and media attention focussed on Leveson, Sport and Football, sorting out the economy will take a back seat. I await the November pre-budget report with interest

    Like

  50. 220
    Poncho says:

    As Cameron and Clegg and other politicians will tell you, Spending money is a great therapy, especially if it is other peoples money.

    Like


Seen Elsewhere

What We Learned From the Referendum | FT
Scottish Crisis Moves South | Nick Wood
English Democrats Accidentally Celebrate Yes Victory | Pink News
Union In Its Current Form is Dead | Janan Ganesh
Labour Could Be Split in Two | Sun
Ashcroft Poll: Why Scotland Voted No | Buzzfeed
Boris: Change Barnett Formula | Sun
Cameron is Back | Dan Hodges
What Happens Now | James Kirkup
Cairo of the North | Quentin Letts
Labour are the Biggest Losers | Phil Collins


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