by Chris in Paris on 11/08/2010 06:25:00 AM



It's a surprise that the US right hasn't promoted such a plan yet but the day is still early. All we need now are debtor prisons and maybe a witch burning or two and we're fully back in the dark ages. I've worked full time or close to it since starting college and part time years ( Read more... )

Politics.co.uk
Poll suggests tide turning against cuts

Sunday, 24, Oct 2010 11:45

By politics.co.uk staff

A new opinion poll has suggested the tide of public opinion is turning against the government's deficit reduction plan.

A Mail on Sunday/BPIX poll put Labour at 37%, the Tories on 35% and the Lib Dems at just ten per cent.

Seventy per cent of ( Read more... )

Morning Star Online
Time to step up to the mark

In many ways, it's catch-up day today, where we look in more detail at the Con-Dem massacre of public services and the welfare state in the spending review.

There was so much hitting the working class in Osborne's indiscriminate butchery that there was ( Read more... )

Bloomberg
U.K. Consumer Confidence Plummets to 18-Month Low as Budget Squeeze Looms

U.K. consumer confidence plummeted in September to an 18-month low as Britons braced themselves for the biggest spending cuts since World War II, Nationwide Building Society said.

The index of sentiment fell 9 points from the previous month to 53, the lowest since ( Read more... )

The Guardian
Double-dip recession fears rise among chief financial officers

• Optimism falls to levels at height of recession last year
• Companies cut spending and hold back on hiring

Optimism among the finance chiefs of Britain's largest businesses has fallen for the third quarter to hit the lowest level in 18 months. In a stark ( Read more... )

Financial Times
Balls to Warn of Economic ‘Hurricane’

Ed Balls will on Friday say that a “hurricane is about to hit” Britain’s economy, in the most dramatic warning yet by a Labour politician that the coalition’s plans to cut the deficit risk pitching the country into a double-dip recession.

The Labour leadership contender and former ally of ( Read more... )

Californians' income sees first decline since WWII
The personal income of California residents declined last year for the first time since World War II, state officials said Wednesday ( Read more... )

In the US:

Market Watch
Shiller sees double-dip recession if jobs aren't created

NEW YORK (MarketWatch) -- The U.S. economy has a "significant likelihood" of entering a double-dip recession if the government doesn't step in to help the unemployed, economist Robert Shiller told MarketWatch News Break on Wednesday.

The Yale University ( Read more... )

FreshBusinessThinking.com
Double Dip Fears Grow As Businesses Rush For Redundancy Advice

By Claire West

Small businesses across Britain could be heading for a double dip recession as a result of the budget after it emerged the numbers seeking to make staff redundant [pink-slipped] has soared in recent weeks.

Despite today's figures showing growth in ( Read more... )

Telegraph.UK
House prices 'to crash 20pc by 2012'
as Budget bites, says Capital Economics
House prices will crash more than 20pc over the next two years as a result of Government spending cuts, tax rises and a surge in unemployment, according to a leading economic forecaster.

Capital Economics, the consultancy led by Roger ( Read more... )