What is the True Economic Picture?
I just received this from a constituent, which made interesting (if depressing) reading, and rings true:
“I recently had cause to speak with the support office at Companies House as my company is being struck off their register. When I enquired what date the company would cease to exist I was told that they could give no firm dates as they had a back log of ‘thousands’. Over a month has gone by since the last date I was given so they are at least one month behind on their schedule. As I thought about this afterwards it occurred to me that there must be a large number of companies going to the wall under Mr Brown’s prudent stewardship and yet the media have hardly mentioned this. Alternatively the Government is hiding the number of companies failing by slowly releasing the names to the London Gazette.”
canvas said on June 9th, 2008 at 8:37 pm:
OK - Ed, but what about Barack Obama?! Woohoo! Great news.
The next President of the USA - I can’t wait.
Any comments about your duff prediction of Romney vs Clinton?
How wrong you were!
Go Obama.
Tizzy said on June 9th, 2008 at 10:42 pm:
This anecdote is meaningless without some evidence and hard stats. Has there been a change in the system of recording? Was the employee having a bad hair day? What are the nett figures over the past 20 years?