The News In Shorts

How the news would look if everyone stopped waffling and told the truth.
Showing posts with label Double Dip Recession. Show all posts
Showing posts with label Double Dip Recession. Show all posts

Friday, 26 October 2012

The Grin Of The Tory Cheshire Cat.

Yesterday the Cameron government was grinning like a collective Cheshire cat when the economic figures suggested that Britain was coming out of recession. However, like that ficticious feline, the grin is the only substantial part of this dire collection of spivs and conmen. The truth is that Britain's economic performance, when the shrinkage of the last two-and-a-half years is taken into account, is doing no better than flatlining. When it comes to pay, the Tories have also been falling over each other to explain why the minimum wage for teenagers is to be frozen yet again. As you might expect it is the usual one of the minimum wage "preventing" companies from employing young people despite the "fact" that business is picking up and, presumably, profits are increasing. Nor does this explain the claim by Cameron at the Tory conference that more than a million people have been recruited by a resurgent private sector. This figure is actually less impressive when the 158,000 who are on Government- sponsored training and employment schemes are taken into account, not to mention the 196,000 workers transferred wholesale from the public to the private sector in the higher education sector or the 300,000 jobs created while Labour was still in power. Cameron's impressive "one million" thus becomes a far less impressive and completely insignificant 346,000 while the loss of 628,000 jobs in the public sector puts it into perspective. "One swallow does not a summer make," the old saying goes any more than a collection of dubious statistics, empty promises and flimsy alibis make a recovery.

Friday, 27 July 2012

Cameron Pledges To "Finish The Country."

In a desperate attempt to sound Churchillian David Cameron has told the electorate that, if we were so stupid as to give him the tools, then he will "finish the job." With our economy shrinking faster than a slug on a barbecue it is difficult to understand what "job" Cameron thinks he's doing. So we asked him. "What people have to understand," he told our reporter after being wired up to a lie detector, "is that in a time of recession its very important to make sure that rich people like me don't suffer. We are the wealth creators as well as being the wealth hoarders and we need new laws that enable us to grab more and keep more while the peasants pay the bill. We have no plans for any u-turns on this since we are quite content with the existing arrangements. The present economic figures are disappointing, or they would be if I cared a toss about them. I'll still be rich whether I'm in or out of a job and will make absolutely sure that when this is all over, in maybe ten or twenty years, I'll be even richer than I am now. We are laying the foundations for a recovery that no one but people like me will benefit from, as is right and proper, and a new system that will allow us to cheat, steal and dodge paying taxes with even greater efficiency. Fortunately we now have a six week-window during which the peasants will be too busy staring at the Olympics to pay attention to what we're up to. As my hero, Winston Churchill, once said, "Never has so much been stolen from so many by so few and with such few consequencies." Makes you proud to be British doesn't it?"