This Damn Nation
November 1, 2008 12:16 PM
The Labour Party Is Turning Britain Blue
After eleven years of a Labour government its worth taking time out for an interim health-check. Looking at the facts we find the following:-
1. Between June and September this year the economy actually got smaller, contracting by 0.5% following zero growth between March and June.
2. Inflation including for example food prices, is currently running at a staggering 5.2%
3. Homeowners are facing significantly higher mortgage rates in the current credit crunch and some are finding it hard to find a mortgage.
4. Car owners and haulage companies are paying extremely high petrol prices.
5. Electricity and gas prices have risen again exponentially, putting many including pensioners into fuel poverty.
6. House prices have fallen more than 12% in the last 12 months with repossessions rising rapidly. So at best UK citizens are losing wealth and at worst some families are losing their homes.
7. Government borrowing is going through the roof.
8. The stock market has fallen nearly 50% wiping tens of billions of pounds off the value of our savings and pensions.
9. Sterling has plummeted about 25% in value in international markets.
10. Now unemployment is starting to rise fast as individuals lose their jobs.
We know from the example of the Soviet Union that socialism doesn't work.
Ironically, many of our previously strong high street banks in the UK are now part nationalised. Something we thought we would never see.
Labour isn't working. We've been damned by this current administration.
It's time for change.
Only the Liberal Democrats have outlined a path to recovery for Britain.
What would you like to do next?
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