Each day that passes my blood boils even more.  It is very clear that the economy is on a knife edge.  Yes certain tiny green shoots can be pointed to generate some positive news, be it a slight rise in house prices or mortgage applications or even retail sales.  But the economy is on the edge of the precipice and is tittering precariously into falling into a double dip recession. 

This whole debate on public spending is farcical.  Brown is deceiving the people, no other words for it.  Treating us for fools.  Yes Gordon…I will say it…you are a LIAR!!!!  The huge public deficit is a massive issue.  All credible economic commentators, be it the World Bank, the IMF, the IFS, IOD, CBI, all are calling for a slow down and cuts in public spending.  The crippling interest rates on government debt and the still spiralling debt for generations to come does not make the UK an attractive investment zone in the coming years.  We have to either drastically cut spending and / or alter tax levels.

Socialists and Lib Dems are calling for rises in tax, especially on middle income & Middle England.  But what really gets to me heart is that middle income / England is the engine of the national economy.  I earn a respectable salary but if the government continue to chip away at my real income, where is my incentive to be an entrepreneur?  We are all geographically mobile and happy to relocate aboard.  Again, the facts are there in the Treasury Red Book, when taxes are cut, tax receipts rise.  Entrepreneurs have more money to take risks and invest and of course invest in their business.  This creates employment and this creates more people spending in the real economy.  Simple concepts but rarely understood.

Do we seriously believe that focusing attention on the unemployed will pull the UK out of recession?  Sitting on an unemployment benefit does not create jobs for others, it does not create the wealth trickle down for others.  Let’s focus on the real debate on incentivising entrepreneurs to start the powerhouse economy working again, that way we can take the unemployed and put them back into work…exactly as they want as well.

Spending has been the debate post MP’s expenses.  We all know Brown’s catch phrases.  ‘Spending will continue to rise under Labour as we invest’.  ‘Labour investment, Tory Cuts’.  ‘We are the Party of the many, the Tories of the few’.  And now, ‘Tories are the party of unemployment’.  Brown and his fraggles have been pumping these lines out for weeks.  All complete lies as the Government Red Books show spending decreasing.

If these were not lies…why the events of this past weekend?……..

But this weekend….finally what do we see.  The Chancellor suddenly finds the road to Damascus and states that the public sector faces a pay freeze.  Darling stated…’Public sector pay has got to reflect prevailing conditions and in particular inflation has come way down’.    Freezing public sector pay will save £5bn.

Official figures last month showed that in the three months to April, even as the economy shrank at the fastest pace since 1958, public sector workers enjoyed average pay increases of 3.6%.  Private Sector awards averaged 0.3%   No commentary needed….who says that Neverland is vacant….all the staff of the Public sector are living there, enjoying these fantastical pay rises!

And in contrast to Gordon Brown, who will not speak of spending cuts….at least Alastair Darling lives in the real world and all but admitted spending cuts by stating: ‘We do need to set out our priorities, we have got to make choices’. 

As we head to the next G8, Gordon is set to warn that oil prices have soared by 75%, world trade has sunk 25% and unemployment is rising.  All a recipe for disaster and a double dip recession.  Getting ready for your next excuses Gordon?

This country is crying out for leadership.  It is crying out for the truth.  Spending cuts are not nasty words Gordon…they are the words we want to hear.

Gordon will continue lying but even more sad that his weak leadership means that we are heading for a new winter of discontent with trade unions flexing their muscles against this ailing Prime Minister.  If Darling does pull off what is needed ie public sector freeze, beware the Unions and strikes….does Brown have the strength of a Thatcher to face them down….I wonder what odds ladbrookes would offer…..just called them, won’t give odds!!!