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UK enters a double-dip recession

Discussion in 'Political Issues' started by Ruble Noon, Apr 25, 2012.

  1. 4TS&W

    4TS&W 2A RKBA 4EVER

    3,581
    0
    Jul 20, 2002
    here and there...
    "Clearly Bush's fault" - Obama admin, and media...
     


  2. My prediction...mainstream media will report it if pushed to, and we'll be inundated with reports that we are doing just peachy.
     
  3. The Machinist

    The Machinist No Compromise

    6,321
    281
    Sep 20, 2009
    The Left Coast
    Can't wait until we get a taste of that over here. :steamed:
     
  4. aircarver

    aircarver Ride Continues Silver Member

  5. JFrame

    JFrame

    37,914
    5,253
    May 29, 2001
    Mid-Atlantic, US of A

    Yep -- and the leftists here want to follow their business model...But, of course, socialism isn't a failed system -- it's just never been applied quite right before... :whistling:


    .
     
  6. G22Dude

    G22Dude

    2,954
    107
    Jan 23, 2009
    that is the most infuriating part of it all. We are watching it fail yet our libs are desperate tom bring it to our shores
     
  7. Marcus71

    Marcus71

    61
    0
    Sep 18, 2011
    Western Wisconsin
    Erm, you might want to check your facts. The UK has a majority center-right government (The Conservative Party). It hasn't had a Socialist government since the 70s. I was there.
     
  8. JFrame

    JFrame

    37,914
    5,253
    May 29, 2001
    Mid-Atlantic, US of A
    I don't think UK/European "conservatives" are what we think of as conservatives in this country... ;)

    Nationalized banks, nationalized health care, nationalized broadcasting -- it may not be France, but it is certainly socialist by any reasonable standard.


    .
     
  9. coastal4974

    coastal4974

    3,818
    0
    Nov 2, 2009

    There are 5.5 million fewer jobs than we had in 2008. In the past 6 months 70% of the job openings have been in the low wage sector. Unemployment for people with college educations is twice the norm. Hiring through June 2011 was 10 times slower following the passage of the DemocratÂ’s healthcare bill compared to the prior 16 months and is estimated to have cost more than 2 million jobs since. And. In the first few months of 2012 layoff announcements have risen 18% from a year ago.

    Those who are working found their income falling to 1996 levels, older people are working to make up the loss of their home values and retirement funds and the real inflation rate is over 8%.

    Your wait is over :wavey:
     
  10. aircarver

    aircarver Ride Continues Silver Member

    Damn, if that isn't the truth ! ...... :frown:

    .