+ + + GDP in Q2 2011 Grew by 0.2% + + +

Not good, but not the contraction or complete stagnation that some commentators were predicting and Labour were praying for.

No doubt Balls will be warming up in Millbank right about now anyway. Except on VAT, his solution isn’t the correct one. Ignore the cries for a Plan B, what is needed Plan A+: Cut VAT as suggested by IMF, raise income tax threshold to £10k immediately, and actually start cutting the size of the state, rather than slowing down the rate of its expansion.

It’s going to be a long day of bickering…




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

Quote of the Day

Rowan Atkinson tells The Times

“All jokes about religion cause offence, so it’s pointless apologising for them. You should really only apologise for a bad joke. On that basis, no apology is required.”

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.
Fry, Hislop, Merton &Guardian All Mocked Burka Fry, Hislop, Merton &Guardian All Mocked Burka
Corbyn’s Home Pranked By Jewish Activists Corbyn’s Home Pranked By Jewish Activists
Rowan Atkinson on Boris Rowan Atkinson on Boris