Cable confidence
Vince Cable, 24th January 2011:
For the past eight months, we have been dealing with the public finances as we needed to do to restore business confidence.
Quarterly National Accounts (ONS), 29th March 2011:
Real household spending and fixed investment growth both fell in quarter four, which may reflect weakness in business and consumer confidence.
Advertisement
Categories: General Politics, Terrible Tories
Kalecki once again – “The social function of the doctrine of ‘sound finance’
is to make the level of employment dependent on the state of confidence.”
They are succeeding in their aim, it seems.