alftupper wrote:Record people in employment, real wages increasing and the FTSE100 at an all time high - we’ve never had it so good! Thanks to the Conservative Party, the natural party of government and the only party where the economy is in safe hands. The last ‘there is no money left’ Labour government is thankfully a distant memory but it should never be forgotten and they should never be allowed anywhere near government again
National debt continues to soar; now at 1.7 trillion (that means that we are paying £55 billion in interest charges every year! that’s one of the reasons why the Bank of England cannot increase the bank rate from 0.05%
Personal debt is back to the unsustainable levels we saw before the BANKING CRISIS (CAUSED BY THE BANKERS) of 2007/8
Real wage rates have not yet got back to the pre-banking crisis levels
Productivity is still one of the lowest (if not the lowest) in Europe
The UK has the worst Trade Deficit of the top 26 world economies – in 2017 the UKs deficit was £82.9 billion (4% of GDP (that’s the difference between goods and services in and out of the UK)
The UK construction industry has been in a technical recession for over a year now (a recession is two consecutive quarters of negative growth)
The UK economy is “pants” and is simply awaiting the next international financial crisis (and it will happen) and we shall be back in a 2007/8 crisis.
I have not seen or read anything from Labour that shows they know how to turn the UK economy around.
So, we will bumble along with the Tories, until the next financial crisis and when it hits they will blame Gordon Brown!