UK unemployment rises to highest in 20 years.

Debaser82 · Dec 14, 2011

http://www.bbc.co.uk/news/business-15747103

But... At least they are not in the Euro right.

So party on lads.

sheda · Dec 14, 2011

Cant imagine it if we had joined, there's still those who want us to...

Covertibility · Dec 14, 2011

As expected from last year's idiotic austerity program, UK Government Introduces Hardline Austerity Plan

Running an austerity plan in a weak economy and expecting prosperity, lol!

sheda · Dec 14, 2011

Quote from Covertibility:

As expected from last year's idiotic austerity program, UK Government Introduces Hardline Austerity Plan

Running an austerity plan in a weak economy and expecting prosperity, lol!

What is your valid alternative that doesn't see the UK shot out of the sky by the bond markets?

trading spaces · Dec 14, 2011

Quote from Debaser82:

http://www.bbc.co.uk/news/business-15747103

But... At least they are not in the Euro right.

So party on lads.

But every european has a right to work in the UK. As european economies go into recession even more will arrive. Soon they will have a right to claim benefits as well. So comparing figures with 20 years ago is meaningless. Should be celebrating how many jobs have been created.

sheda · Dec 14, 2011

Nine out of ten jobs created last year went to foreign nationals
By JASON GROVES, POLITICAL CORRESPONDENT
Last updated at 10:32 AM on 31st August 2011

Nine out of ten people who joined the workforce last year were foreign nationals, official figures revealed yesterday. The number is far higher than had been previously thought. British nationals accounted for only a tiny fraction of the rise in employment among working age people with most new workers being immigrants.

Last night experts warned there could be a âjobless recoveryâ for British workers unless ministers get to grips with immigration

Read more: http://www.dailymail.co.uk/news/art...ear-went-foreign-nationals.html#ixzz1gEmuOIvC

Covertibility · Dec 14, 2011

Quote from sheda:

What is your valid alternative that doesn't see the UK shot out of the sky by the bond markets?

You think Greece, Portugal, Ireland, etc... saw their rates skyrocket because of govt spending??

I don't know why republicans post in the economics forum, they have such a long track record of failure.

sheda · Dec 14, 2011

Quote from Covertibility:

You think Greece, Portugal, Ireland, etc... saw their rates skyrocket because of govt spending??

I don't know why republicans post in the economics forum, they have such a long track record of failure.

So, your alternative to government cuts issssss?

trading spaces · Dec 14, 2011

Quote from Covertibility:

You think Greece, Portugal, Ireland, etc... saw their rates skyrocket because of govt spending??

I don't know why republicans post in the economics forum, they have such a long track record of failure.

Yes I do, it's not only republicans who think that.

sheda · Dec 14, 2011

Quote from trading spaces:

Yes I do, it's not only republicans who think that.

Dont be silly, government debt has nothing to do with this crisis.