Thursday, 25 October 2012

Rant 299 25/10/12 Subject: The 'end of reccession'

Rant number 209

Past the big 300 mark - I make that 65 to go - the downward slope.

Anyway - back to the present.

Today on the news - they proudly announced that the recession in the UK is over with.

Don't you feel better now? No me neither.

The recession has been a constant news story for years now.

First it was: the recession is coming
Then: the recession is going to be here soon
Then: its arrived
Then: crap its bad
Then: its got a bit better
Then: its worse

etc. etc. until today.

I may be no expert in these matters - but it strikes me that the worse is far from over. They have quantified that the recession has ended because over the last quarter the GDP grew a little. We did however, have rather a boost from the olympics this summer - making continued growth this quarter seem less than certain.

Also, the whole thing about this being good news for us normal folks seems to be somewhat of a naive attitude.

If the economy has grown and if it continues to do so - this will be by continuing in the current vain of austerity and robbing the poor to prop up the rich.

They aren't going to start giving you more money - cutting taxes, cutting duty, spending more money on public services or actually giving you a worthwhile pension. They're just going to keep on rinsing you for all you've got and watching you work until you die.

So what do I think of the end of recession?

I think its fucking irrelevant.

Rant over.

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