2012 February 01

We don’t need to cut government spending because we’re not borrowing right now

Posted on February 1 2012

Last week a wrote a blog explaining why all the data being published about government borrowing is wrong. We haven’t right now got government borrowing
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2

The IFS verdict: Osborne has no chance of clearing the debt and we’re in for a torrid time

Posted on February 1 2012

I admit I have not read all the IFS Green Budget, published this morning. This is the core of the fiscal forecast: You can ignore
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11

The UK’s debt is falling, again – it will be about £650 billion by next week

Posted on February 1 2012

As Larry Elliott has noted this morning in the Guardian another round of quantitative easing is now almost inevitable as money supply has fallen in
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0

To comfort the afflicted – will the Church live up to its calling?

Posted on February 1 2012

Giles Fraser has undoubtedly redeemed himself since leaving St Paul’s. As he says in the Guardian this morning: The task of the church is to
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1

Unemployment to increase to over 3.5 million

Posted on February 1 2012

The Guardian is reporting this morning that the number of long term unemployed is now forecast to increase by 750,000 to more than 3.3 million
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20

Changing the culture of greed

Posted on February 1 2012

So Sir Fred Goodwin is now just Fred. I suspect it is a crushing blow to his ego. I suspect he’s a man for whom
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