+ + + GDP Growth Weak : 0.2% + + +

Consensus economists were predicting 0.4%.  Gordon will use this to spin that this means he can’t cut the deficit because it would take spending out of the economy.  Cutting taxes would of course boost the private sector and keep more money in the economy.  In recent years Cananda and Sweden have both cut government overspending by 10% in a recession and achieved strong economic growth…




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Former Governor of the Bank of England Mervyn King…

“There are arguments for remaining in the EU and there are arguments for leaving the EU. But there is no case whatever for giving up the benefits of remaining without obtaining the benefits of leaving.”

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