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Wednesday 13 April 2011

UK Economy

Brian,

It isn't looking good in the UK with 0.1% growth in the last six months and ONS figures registering a drop in manufacturing. In a familiar attempt to use an exaggerated crisis to introduce normally unpalatable policies (usually resembling unbridled capitalism) the Coalition has overstepped the mark and created a giant, possibly terminal, crisis for itself. It's policies have engendered outrage from places it might have expected to find conceptual support. With one foot now on the free-market brakes and the other in reverse - a posture not usually displayed on the playing fields of Eton - can we expect a sufficient wobble that'll have them off their policy bikes soon?. It has been said of Castilians that if you meet them on the stairs you can't tell if they are going up them or down them - the same could be said of the Conservative/Libdem coalition. Having reduced RAF capabilities they then ask them to bomb Libya. Who are these guys? 

It is fairly simple really - in order for manufacturing to grow more people have to buy more stuff. If your politically driven economic policies prevent this you're fundamentally stuffed - at least when following the present economic mantra. Do you really want your healthcare or education provided (or your wars fought) by a private corporation? Do you want profit or you yourself to determine what you're going to learn? Do you want your national census performed by part of the US military/industrial complex? Would you want News International to dominate the information supply to the nation. When taken to it's logical conclusion capitalism resembles communism in that all production is dominated by a few entities. For those looking for freedom and equality the market offer is choice and opportunity - provided you can afford either of them.


Best,

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