UK unemployment rises to highest in 20 years.

http://www.bbc.co.uk/news/business-15747103



But... At least they are not in the Euro right.

So party on lads.

 

Cant imagine it if we had joined, there's still those who want us to...

 

As expected from last year's idiotic austerity program, UK Government Introduces Hardline Austerity Plan

Running an austerity plan in a weak economy and expecting prosperity, lol!

 

What is your valid alternative that doesn't see the UK shot out of the sky by the bond markets?

 

But every european has a right to work in the UK. As european economies go into recession even more will arrive. Soon they will have a right to claim benefits as well. So comparing figures with 20 years ago is meaningless. Should be celebrating how many jobs have been created.

 

You think Greece, Portugal, Ireland, etc... saw their rates skyrocket because of govt spending??

I don't know why republicans post in the economics forum, they have such a long track record of failure.

 

So, your alternative to government cuts issssss?

 

Yes I do, it's not only republicans who think that.

 

Dont be silly, government debt has nothing to do with this crisis.