Thursday, 15 April 2010

Its the economy, Stupid!

In a surprise move today 77 of the worlds leading economists have written to The Times newspaper supporting Gordon Brown over the elections key economic argument. The economists argue that Tory plans to axe £6 billion of government spending this year would cost jobs, risk tipping the economy back into recession and imperil efforts to cut the deficit.

Tories argue that leading businesses are on their side which is true. But unfortunately for them, it is also revealled today that these very same businesses are killing smaller businesses by failing to pay their bills timeously. It is understood that as much as £15 Billion is owed by the big to the small for over 120 days! In total it is understood that at any given time the biggest businesses owe the smallest over £45 Billion!
Effectively these Tory supporting captains of industry use the smallest as de facto interest free lending banks. And they baulk at paying tax? Now there's a surprise!