UK unemployment total reaches 17-year high

It's amazing. I mean I guess people must fall for this blatant propaganda otherwise they wouldn't keep doing it. For the past 18 months the coalition has been blaming the country's economic woes variously on Gordon Brown, the snow, the Royal Wedding and now it's US and the EU.

An oft repeated cliché has been 'the mess Labour left us in' blithely ignoring the fact that Gordon Brown faced with the near global financial melt down and credit cruch had to put in emergency measures to stop the country going bankrupt. And his measures were working - there was growth, even the deficit wasn't as much as they feared- etc. Osbourne gets in, with only the one single idea - cut spending, and the economy flat-lines and the excuses start flowing thick and fast.

Why's that then? Oh, you can tell the Tories just thought we were in for just a normal recession - a bit of a blip and soon things would be back to normal - the housing bubble would continue, and the private sector would have their choice of newly unemployed and desperate people they could employ at new bargain low rates etc.

Turns out they've misread the situation completely... and they're starting to make little squeaks about how bad things are... but you can tell it hasn't really hit home yet. The last thirty years of the Milton Friedman school of economics is over, it achieved it's aim of making the rich a lot richer (which is why there's been many vested interests in keeping it going for as long as it has - since money buys power and influence and even more money buys even more power and more influence) but now it's got nowhere else to go. It won - and everyone except the super rich lost. Except - they're now about to lose too - because ordinary people are finally waking up and they're not going to take it any more. There is not going to be 'business as usual' for much longer - and our complacent, out-of-touch politicians are still asleep at the wheel.

BBC News - UK unemployment total reaches 17-year high

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