Britain faces the worst recession in history says Tessa Jowell.

tomstickland

How totally irresponsible of her to talk the economy down like this!

http://www.telegraph.co.uk/finance/financetopics/recession/3776964/Britain-faces-worst-recession-in-history-Cabinet-minister-Tessa-Jowell-admits.html

fatpig_2

It's about time we had a bit of truth for a change. It's funny how most of the Labour planks won't even use the term recession, apparently it's only a downturn. Haha

dopester

Where is mitchaa and ISTL and all the others who bash me for warning that we are in for a serious economic downturn that may have a profound impact on house prices? 1930s-style depression.

The remarks suggest that the Government are considering the prospect of Britain facing a 1930s-style depression rather than a traditional recession.

"For months they tried to pretend that Britain would be better off than previous recessions. Now someone who sits round Gordon Brown's Cabinet table admits that it will be worse.

"If that is true then all the forecasts made by the Chancellor just a few weeks ago will be blown out of the water, and the debt will be higher, unemployment queues longer, and the economic misery greater than we have known."

mewbie_2

As long as the bad words are prefixed with global and the next sentence contains hard working families, and preferably do-nothing party then I think they have clearance from our dear leader.

At some point, surely, the average voter will say - hold on - weren't you in power for the last ten years or so? Why, if dimwits such as the doom mongers and feeble minded of MSE could see it coming, why couldn't you?

StevieJ

dopester wrote: »

Where is mitchaa and ISTL and all the others who bash me for warning that we are in for a serious economic downturn that may have a profound impact on house prices? 1930s-style depression.

Bashed again It's another manic Monday.

monkeymaster

tomstickland wrote: »

How totally irresponsible of her to talk the economy down like this!

http://www.telegraph.co.uk/finance/financetopics/recession/3776964/Britain-faces-worst-recession-in-history-Cabinet-minister-Tessa-Jowell-admits.html

Strong fundamentals, low interest rates, best placed to.... yada yada yada. They're all as useless as each other.

ScottyBoy_2

This is all part of the Labour plan, worse the economy gets better their poll ratings get.

This is a fact check the option polls since Aug-Sept to last week.

Its madness, suicide chess with wthe UK Ecomony.

MiserlyMartin

fatpig wrote: »

It's about time we had a bit of truth for a change. It's funny how most of the Labour planks won't even use the term recession, apparently it's only a downturn. Haha

Well they must have worked out that they are starting to look stupid taking that line now; now its obvious to everyone whats happening they have to finally admit its a recession.

But it was only a few months ago that Gordon Brown claimed that there wouldn't be a recession here because Britain is the best placed country to weather a downturn:rotfl: What a moron that man is. Now he claims it started in America and claims to be the saviour of the world!!!!

MiserlyMartin

ScottyBoy wrote: »

This is all part of the Labour plan, worse the economy gets better their poll ratings get.

The average person they poll must either be a little dim or just has believed Gordons stage show. Or both? They have been quite clever with their spin machine it seems.

1echidna

I find it rather strange that Labours poll ratings are getting better as the economic problems really strike home. The perceived wisdom is that gov'ts suffer as the economy suffers. It must say something about how the average voter perceives Labour versus Conservative policies in dealing with recession. Rightly or wrongly the Conservatives are seen as unfeeling and unwilling to take action to help the average person who may be unemployed or losing his house. Whether in reality Labour can do much better is a moot point but if Labour are winning this argument the Conservatives need to buck up their game.

luvpump

tomstickland wrote: »

How totally irresponsible of her to talk the economy down like this!

http://www.telegraph.co.uk/finance/financetopics/recession/3776964/Britain-faces-worst-recession-in-history-Cabinet-minister-Tessa-Jowell-admits.html

Many on here, including me have been saying this for months, perhaps Politicians have got so tired of talking Bxxxcks, they will finally tell it how it is, no point trying to pull the wool over peoples eyes now .. Or perhaps there is indeed an alternative Motive..