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More Thoughts on the Economy Part V

By Andy Shaw | January 25, 2010

Originally Posted 8th January 2009

This Downturn Hasn’t Really Got Going Yet

Before whatever spin Gordon Brown puts on it, try to remember this – this current downturn hasn’t really got going yet. The British people will not start to feel the effects properly until the Autumn. It will be clear to be seen, but it will start to hurt then as unemployment really gathers pace. The unemployment figures have gone up by 7% as an average in previous recessions, so does anyone think that this will be better than average?

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Topics: Government, The Economy | Comments Off

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