Double Dip Recessions

The UK is facing the possibility of a double dip recession according to most of the news commentators and economists.

This is not an accident the Coalition decided not only to begin extensive public expenditure cuts but also talked the economy down.

It appears that fears of a Greek situation lead them to this decision.

The fact that the Labour government had steered the economy through the financial crisis caused by the banking collapse was ignored by the Coalition who after reviewing the books of UK plc decided that a dose of deflation would be good medicine.

Unfortunately they have;inspite of all the critics, including this blogger embarked on the wrong remedy and has put the patient in grave danger.

The Coalition does not have the will of the electorate to carry out these policies and the sooner the Lib Dems. leave the better.