nick venedi

Saturday 9 October 2010

Allmighty U turns...

Looks like George Osborne is about to take the Labour approach to managing the economy and not impose drastic cuts, which will devastate growth, in one go. Instead he might be spreading the action over a 4 year period. In other words he will be doing what the previous Labour government stated they were proposing to do. In addition he will be encouraging the Bank of England to print money something that he seemed to be against when in opposition. Add this to the guarantee prior to the election of not touching child benefit made by the Tories and you have one all mighty unreliable collective of opportunist politicians. What would Margaret Thacher say about all theses U turns?

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