Thursday, 3 September 2009

Britain to stay in recession as world recovers... but Darling says we must keep on spending

Daily Mail
"George Osborne fired a shot across the bows today as he accused Labour of being in 'complete denial' about soaring public debt and joined the calls for an exit strategy.
'There's a fundamental contradiction at the heart of Alistair Darling's argument. He says that he expects, as we do, that Britain will come out of recession this year - and yet he wants to go on with large increases in public spending next year, when he knows the country cannot afford it,' the shadow chancellor said.'His position has everything to do with the politics of a looming election and nothing to do with the economic interests of the British people.'

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