Thursday, 12 January 2012


One from the 'it's not all bad' folder, an article from the Independent which points out that if one takes out the public sector the British economy is set to grow and that it already has beyond 2007 levels. 'New' Labour pumped money into the public sector so a degree of retrenchment here is not really surprising.

The article also points out that the UK - assuming the self-destructive Scottish Nationalists don't get their way - will slump from being the fifth largest economy in the world this year to, er, the sixth largest in 2050. Well, hoard the bottled water and cans, Mabel, we're going under...

Things are grim at the moment and only a fool would deny that but a simple nod to somewhere like Haiti with its terrible post-earthquake problems or Greece with its economic crisis should be enough to encourage us all to count our still considerable blessings.

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