Tuesday, October 13, 2015

Osborne plays a deceiving game


Hat tip to Bob S for his link to Facebook site "Fight Propaganda" who have dissected George Osborne's speech at the Tory Party Conference last week. Check the references below.

"With scores of economists indicating through open letters that Osborne is making bad financial decisions, and indicators of poverty rising sharply, It is impossible to see these parts of his speech as anything other than misleading propaganda.

Market crash not Labour: www.independent.co.uk/news/uk/former-bank-of-england-governor-claims-labour-government-not-to-blame-for-last-financial-crash-9948434.html Crash started in America: http://www.economist.com/news/schoolsbrief/21584534-effects-financial-crisis-are-still-being-felt-five-years-article

More debt than every Labour Government: www.politics.co.uk/comment-analysis/2014/06/17/the-coalition-will-leave-more-debt-than-all-labour-governmen

Slowest economic recovery since 1720: http://www.bankofengland.co.uk/publications/Documents/quarterlybulletin/threecenturiesofdata.xlsx www.independent.co.uk/voices/comment/britain-has-taken-longer-to-recover-from-recession-than-at-any-time-since-the-south-sea-bubble-9645218.html 

Homelessness up 40%: https://www.gov.uk/government/collections/homelessness-statistics 

Food bank use: http://www.trusselltrust.org/stats 

Longest sustained decline in average wages since records began: www.standard.co.uk/news/uk/british-workers-suffering-worst-decline-in-real-wages-on-record-9789942.html 

Economist open letter: http://www.taxresearch.org.uk/Blog/2015/06/12/80-economists-say-osbornes-economics-make-no-sense-in-the-guardian/ 

Transcript of speech: https://www.politicshome.com/party-politics/articles/news/george-osbornes-full-speech-tory-conference"

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