Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Without me looking - it was Blanchflower wasn't it.
.... <goes and checks the article> ....
Yep, so it is. He is a fool of the first water only out done by Atw. He is a 'Labour Economist' in all meaning of the phrase.
How did this happen? Who's to blame? Well certainly there are those more responsible than others, and they will be held accountable, but again truth be told, if you're looking for the guilty, you need only look into a mirror.
I always wondered why they bothered having blanchflower, they could have replaced him with a simple program:
If inflation < target then vote for rate cut
If inflation > target then vote for rate cut
If economy doing well then vote for rate cut
If economy doing badly then vote for rate cut
thinking you're like Blanchflower is something I wouldn't go around broadcasting.
Blanchflower has been voting for rate cuts for 10 consecutive months because he could see a recession looming. Leaving rates at the current relative high level to the US etc has been highly damaging to the economy, and the consequences are now there for all to see.
Comment