+ + + 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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Quote of the Day

Peter Mandelson tells Emma Barnett…

“I think that Jeremy Corbyn himself should search his conscience and ask himself whether he’s the best person to lead the Labour Party into the general election with the best chance of success for the party.”

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