The British Government is sitting with it finger up its bum wasting time by rearranging irrelevant legislation and not dealing with the train wreck that we call the economy.
It does not require a degree in Keynesian economics to understand what is wrong and what needs to be done. It is simple, we are uncompetitive in the global marketplace!
Why, is easy to understaand too! The ridiculous cost of housing, it is the only economic factor we can control as everything else we require is transacted globally. The bills for food, fuel and all the other commodities are largely the same for everyone but the cost of housing in the UK is astronomical and way above the rest of the world. So the only way to make us competitive is to reduce the cost of housing.
Why then don't the politicians listen to the IMF and all the other international advisors and stimulate the economy by instigating a vast home building programme? That is easy to understand too, they, those in power, are largely the landlords and if they do what they should the value of their property portfolios will fall and so will the income they get from rents and mortgages. But that is exactly waht should happen.
Once again it is pure greed and vested interest ia a minority stuffing up the rest of the county. One day, I hope, the majority will stand up and kick them where it really hurts.
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