Tuesday, November 25, 2008

OECD predicts UK Growth of only 0.8% in 2010

Only yesterday the Chancellor, A****** Darling, stood in the Commons and forecast 2010 growth of 1.75 per cent for that year - an estimate every commentator I have heard states is "optimistic".... How much more debt compounded to 2015/16 does that incur. Read a summary of the OECD forecast from here. Separately the Taxpayers Alliance has calculated Ex-Chancellor and now PM Brown's debts will be double those it cost Britain to defeat the Kaiser in The Great War from 1914 to 1918.

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