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RE: England In A Recession...No Really

in LeoFinance4 years ago

The news of the recession was published in the papers and on the BBC website today:

Responding to fears that the economic turmoil could trigger mass unemployment, the chancellor said the government should not pretend that "absolutely everybody can and will be able to go back to the job they had".

However, he added there would be support for creating jobs in new areas.

I agree, though, poorly handled by the UK government.

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GDP never went lower than -2.1% in 2008. We are currently at -20.4%. Good lord...