The economic records of past governments
When Labour was thrown out of office in May 2010 they had just presided over a big recession and banking collapse. Unemployment was at 7.8% of the workforce. Inflation was 3%,above the 2% target. Real wages had fallen by nearly 1% over the past year. They mainly lost the election on the last few years of very bad economic performance.
When the Conservatives were thrown out of office at the beginning of July 2024 inflation was at the 2% target. Real wages had grown 2.2% over the previous year. Unemployment was at 4.2%. They lost office for a variety of reasons including their failure to carry out their promise to reduce migration and stop the small boats, and for the high inflation and higher taxes of 2022-3 which they blamed on Covid and the Ukraine war.
I will keep a record of these closing figures for what used to be called the Misery Index, Inflation plus unemployment, and for real wage changes. If Labour can improve on these figures I will give them due credit. If as I fear their policies produce a deterioration they will earn criticism.
The last government could have had a much better record on inflation and real wages over the full four and a half years if it had followed different advice on money policy and Covid lockdowns.
Source: http://johnredwoodsdiary.com/2024/08/14/the-economic-records-of-past-governments/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Lion’s Mane Mushroom Nootropic
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, But it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity.
Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins.
Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system.
Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome.
Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function.
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Online: | |
| Visits: | 1,628,681,816 |
| Stories: | 8,217,745 |
Whistler Blowers, Insiders
