Economy On Way Back?

[retired_member6]

Budget 2009: Third of business leaders can see green shoots - UK Politics, UK - The Independent

Three in 10 businessmen detect the "green shoots" of economic recovery, according to a ComRes survey of 230 business leaders for The Independent. The proportion who see signs of a revival in their own sector has risen from 18 per cent in February to 29 per cent this month.

 

[Azam.net]

It's wishful thinking sadly. I wouldn't go by what your average businessman thinks. If you'd asked the majority two years ago if they thought we were going to experience the biggest economic slump since WWII almost all would have said no, and most did zero planning for the eventuality of the boom not lasting forever.

 

[GreyWing]

We are just getting rid of the unprofitbale businesses, the economy won't go until the rest have gone. Once we have had a full clearout, it will start again.

So once the government start realising (like the Thatcher Government did) that trying to save them is futile, we'll all be better off with the new hungry dynamic businesses.

Best thing this government can do and any other for that matter is stay the hell out of it and let things take their course.

There will be no green shoots of anything until the current clowns have gone, 12 months of the living dead to go at the very least.

 

[retired_member32]

well said,throwing good money after bad is wrong,it's not just a U.K problem so it will take more money than the bank of england posses,with all these measures to try and fight off recession and unemployment still growing the debt is mounting,we will feel this for years to come.

 

[aceweb]

and paying for it!

we will feel this for years to come.

and pay for it for years to come!

the news discussion programs like Newsnight are saying we'll be paying for it for 30 years out of taxes

The banks should have been allowed to go bust - and then taken over for nothing

 

[denchomsky]

As wise old Richard Branson said "Rather than give one failing car manufacturer 20 billion pound to keep them afloat, you would better off giving 20 new car companies 1 billion each".

 

[retired_member6]

We are just getting rid of the unprofitbale businesses, the economy won't go until the rest have gone. Once we have had a full clearout, it will start again.

So once the government start realising (like the Thatcher Government did) that trying to save them is futile, we'll all be better off with the new hungry dynamic businesses.

Best thing this government can do and any other for that matter is stay the hell out of it and let things take their course.

There will be no green shoots of anything until the current clowns have gone, 12 months of the living dead to go at the very least.

Yes industries and businesses have to be allowed to fail if it comes on top too much EVEN BANKS as there's a reason they aint getting income and can't cope. Ah well, the green / eco business will see everyone all right in the end, it's starting already, just need the laws to support it and they're incoming, already the old cars for cash coming in, just hope British tech is at the forefront otherwise pointless.

 

[retired_member6]

As wise old Richard Branson said "Rather than give one failing car manufacturer 20 billion pound to keep them afloat, you would better off giving 20 new car companies 1 billion each".

Especially green car businesses.

 

[retired_member6]

Viewers of the animated comedy South Park saw Gordon Brown wreak nuclear war upon Finland last night, as punishment for scuppering his plot to solve the global economic downturn by stealing money from aliens. The episode, screened on the Comedy Central channel, was produced before the Budget announcement.

Now we're going to war with aliens, will we ever learn.

 

[retired_member6]

Britain is heading out of recession, says influential think-tank NIESR - Times Online

User comment suggests the think tank is funded by labour though.