Turning Hope Into A Recession!

We saw last week with the new growth figures that by bailing out the banks and putting money into the economy  the last Labour government didn`t just stop a recession turning into a depression they had started to rebuild our economy and give us hope.
In recent days we have seen that hope fade and a new recession start to appear on the horizon because of the fear of Cameron`s cuts.Just as the economy recovers the government are taking billions out of the economy by sacking  people in the public sector andscraping building projects on schools and hospitals which is also throwing people out of wortk in the private sector. We also have of course the looming disincentive for people to spend and help create jobs of the VAT rise.
The public spending cuts are being done to soon and too fast with an ideoligical zeal and relish that suggests this cuts are being done more as part of Tory political dogma than economic neccessity.
The Tories were responsible for a recession and massive unemployment soon after they last came to power as so often happens I think history seems to be about to repeat itself.

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