In Recession

We are back in recession again. What is more worrying is that we have not bounced back from the noughties financial crisis in the way we did in the 1930s and 1980s. Did Labour really stuff the country that badly? All the evidence suggests that they did and in such a way that it is going to take us a long, long time to recover from their malicious negligence. If there was any doubt about the mental make up of the then Chancellor, Gordon Brown, it was dispelled today by Rupert Murdoch who in evidence he gave to the Leveson Inquiry said that Mr Brown was not in a balanced state of mind on learning of the Sun's decision not to support the Labour party at the 2010 General Election. I doubt that  Gordon Brown's mind has ever been in balance and Blair, the Charlatan and friend of Murdoch, knew it and failed his country by funking sacking Brown. Iceland have just put their Prime Minister on trial for his part in the Icelandic fiscal fiasco. Why haven't we put Blair and Brown on trial as well? If not a trial then at least an inquiry into what went wrong and from which our politicians may learn something useful for the future. Such an inquiry would be infinitely more relevant than the Leveson circus. All in all though the figures that came out today are not surprising. We have been told that the recovery will be rocky. We have also been told that the figures may be wrong and may be revised upwards. What is encouraging are the unemployment figures as well as the number of those in work. Do these two sets of figures presage the beginning of the long haul back to better times?