Well, there’s a piece of news that wasn’t unexpected! The
government has no idea what it is doing! Greece is about default while we have
increased borrowing by 9 billion in the same period as in 2011. One again, it is
clear that the politicians and civil servants who concoct all this nonsense are buffoons and number crunchers that could not make it in the private sector. The
problem is that economics is not a science. If you drop an apple - the last
time I checked - it will move with increasing speed in a downward direction – a
scientific law. There is a global recession but the government didn't predict
that North Sea oil production would decrease and thus affected corporation tax
in a downward direction. Even so you cannot predict economic activity to the
extent that the + or – error is de minimus. The + or- errors are adding up to
be catastrophic. Human beings are capable of landing things
that take nice pictures on Mars – the things also do soil samples too - unlike
my Canon 400D. Why can we devote the same pedantic hard headed determination to
get things right when it comes to the economy? Even if it isn't a science, some
proper smart Alecs and Alices could do a better job the bunglers in the
government.
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