Getting out of the Recession
The collapse of confidence in the Greek Government's debts has spread to Spain and now the stock markets around the world are tumbling threatening the double dip recession that Vince Cable forecast. What are the policies that will guide us through this economic turmoil? Certainly not a rush to cuts in government spending, and a freeze on public sector wages will hurt the majority who already work for the community on low wages. Cutting jobs and putting people on the dole will reduce tax revenue while adding to government debt from increased benefits.
DC
13 Feb 2010
