Britain stuck with high inflation, meagre growth..

[cailin maith]

This is the top headline on Google news.

Ok then, what's the solution.... How do we get out of this tulipty situation.

Armchair economists please step forward with your answers.

I'm bored of the recession now.

[BrilloPad]

The problem is high debt. Which causes meagre growth. We get out of it via inflation.

I now await sas to come along and call me a cretin......

[BlasterBates]

We need to tighten our belts, luxuries such as second class travel will become a thing of the past.

[AtW]

Low taxes for those who actually pay them.

Labour camps for those who don't*.

* except pensioners, disabled and children.

[Paddy]

The problem is high debt. Which causes meagre growth. We get out of it via inflation.

I now await sas to come along and call me a cretin......

Nop. The same amount of money is in the world economy as before the recession.

The problem at the moment is with:-

The banks

The monopoly of multinational companies controlling resources.

Multinational companies fiddling taxes

Jobs being off-shored.


The recession will go on at leaset another ten years if the government fails to take appropriate action.

Austerity measures never got any country out of recession.

[AtW]

Nop. The same amount of money is in the world economy as before the recession.

The total amount of money is growing slowly but prices on almost everything grow much quicker.

[BrilloPad]

Jobs being off-shored.

For most of the last 1000 years East and West have had similar living standards. Its only been the last 200 years they diverged.

At some point they will equalize. And its good to end world poverty?

[AtW]

At some point they will equalize. And its good to end world poverty?

It's a lot cheaper to make everybody poor...

[Lockhouse]

First thing we need to do is regain control of our borders which means leaving the EU amongst other things.

[OwlHoot]

Nop. The same amount of money is in the world economy as before the recession.

The problem at the moment is with:-

The banks
The monopoly of multinational companies controlling resources.
Multinational companies fiddling taxes

all utter bollocks, but do go on believing what you want to believe.

Jobs being off-shored.

Nearer the mark - You can sum up the problem (for us) in one word, with 1001 manifestations, globalization.

The recession will go on at leaset another ten years if the government fails to take appropriate action.

Austerity measures never got any country out of recession.

If you're on a canal boat in a lock and someone opens a giant sluice gate into a second lock, much larger and with a much lower water level, the "appropriate action" is to hold on tight and realise you can do f*** all else until the water levels equalize.