I was reading through the Observer today and found an article from Will Hutton, that essentially summed up 2009 economically (find the main article here http://www.guardian.co.uk/commentisfree/2010/jan/03/uk-economic-recovery). The main points being if you can’t be bothered reading:
- A booming stock market at the end of the year
- The quickest ever unemployment fall in post-war history
- Unemployment half a million less than it would’ve been under the Conservatives
- Labour giving £5bn to Jobcentre Plus Network meaning 10,000 vacancies were found per day
- The bank bail out and subsequent deficit being the only choice available at the time
- With a potential Bank collapse had the Tory’s been in power
Max
