Wednesday, 5 December 2012
AUTUMN STATEMENT SHOWS GOVT FAILING ON JOBS AND GROWTH
This Government is presiding over a shrinking economy this year with growth of -0.1%.
Growth forecasts have been downgraded yet again this year, next year and every year up to 2016.
Over the last two years our economy has grown by just 0.6% compared to the 4.6% the government promised, 3.6% in Germany and 4.1% in America.
Nearly 1 million young people are out of work, long-term unemployment is rising and the claimant count is forecast to be 275,000 a year higher in 2015
Prices are forecast to carry on rising faster than wages for another year until 2014.
It is clear that ordinary people are paying the price of his ideological austerity experiment that plainly isn’t working
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