The looming prospect of a General Election, leaves me in a quandary, I am desperate to see the back of the labour party, but I am equally unconvinced by the somewhat wet Conservative opposition. Labour have had thirteen years, and by any measure, we can see the wrecked economy, you only need to consider that the Government’s share of national spending has moved from around 36% at the time Labour took office in 1997 to around 52% today.… Read the full article
Tag: Recession
Why You’ve Never Heard of the Great Depression of 1920!
The following talk by Tom Woods at mises.org, is a refreshing take on dealing with a recession in a manner that does not involve government spending yet more of the taxpayers hard won earnings! The entire talk lasts around 47 minutes but is well worth listening to. The frankness of economic theory that the speaker exspouses makes me realise how the UK Government has made serious mistakes on our behalf with the quantative easing madness that has followed the equally horrendous bail out of the banks.… Read the full article
Greg Pytel’s Blog
Daily I listen to the radio and in the evenings usually manage to catch one of the many, news related programmes; one thing which seems to permeate the entire spectrum is the desire to re-assure the listeners/viewers that things are turning around. Be patient and the troubles of the recession will be behind us, a brave new period of growth awaits us!… Read the full article