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cthulu2016

(10,960 posts)
Fri May 25, 2012, 08:05 PM May 2012

Austerity!

The revised figures for British 1st Quarter GDP were released yesterday and they showed that UK GDP did not shrink by 0.2% last quarter. It shrank by 0.3%. Declining construction led the way.

This means austerity works! That's two negative quarters of GDP in a row, meaning that the UK is officially in a recession!

The naysayers said Austerity couldn't do it, but it did.

Builders are now so confident in the UK's fiscal outlook that they don't even feel a need to build anything, and sent all the workers home for a well-deserved rest.



Never sell a pack of upper-class twits short.

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Austerity! (Original Post) cthulu2016 May 2012 OP
I liked this post better XemaSab May 2012 #1
never misunderestimate the power of ideology. limpyhobbler May 2012 #2
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