I take a great interest in the Economy and so I am increasingly perplexed at the BBC/Flanders/Balls meme which suggests the UK can choose either “austerity” or “growth”. This makes no sense but it is how left wing politicians like to portray the situation. I keep hearing BBC interviewers ruminate on whether we should be adopting “Plan B” and choosing growth AS IF this was a real option. It’s not!! The current UK government – indeed any government – will always prefer to see economic growth. But that is virtually beside the facts that; a/ We have a massive structural debt as a result of years of Labour fiscal recklessness that must be addressed even if it means fewer Diversity Czars and b/ Economic growth is a desirable outcome, not a specific policy. This is an entirely bogus argument which has been advanced by the BBC on behalf of Labour for some months now. It is also shameless because the very Labour politicians such as Balls who wrecked our economy are now posturing as the saviours of it and rather than interrogate the inherent hypocrisy and fiscal folly of what is being advocated, they simple cheer-lead for this mindlessness. I disagree with plenty of things the Coalition are doing but for anyone to pretend that it is wilfully ignoring “growth” is just plain nonsense and the BBC really needs to get to grips with itself on this issue.
GOING FOR GROWTH?
Bookmark the permalink.