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Originally Posted by joeysteele
I did say more likely,not certainly, 'in spite of' rather than 'because of the Govt'.
However, of course Govt will have had some effect but in reality it will be industry and business who are battling to keep things going and get improvement to secure success in the main I would say anyway.
Of course too the Govt. wil have won investemnt to the UK that also will help but I for one, really do wonder that without the really stifling austerity measures on such a grand scale being enforced, just what may the UK have been achieving as to growth over the last 3+ years.
I believe thait was a major factor, that the severe measures taken by this Govt when the UK already was in growth and growth rising each quarter too when it took office,which caused the growth to be lost.
The austerity measures also choked off people spending too. Which is why I myself believe, that the success in the main coming now,although it is still not yet assured only expected, is in spite of the Govt. coming down too hard with its austerity programme overall.
With some scaled back austerity measures,I think it was possible that the economy would not have flatlined for near the last 3 years and that the growth and recovery in place in 2010 could have probably been much better protected and nurtured.
Also of course, the austerity measures and the fact of higher inflation and limits to pay rises and benefit rises,means that even with this forecast of better growth.
From the position people were in as at 2010, all are,(with the poorest being affected worse),much worse off than then too and that is another likely failure and consequence of this Govts very severe austerity policies.
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The government did have the worsening Eurozone crisis going on in the first couple of years they were in office though, plus there was a steep rise in inflation in 2009/2010, two things which are no longer such a problem. Most of the signs seem to point to the UK starting to enjoy a sustainable recovery with things picking up across all sectors and the housing market in particular improving, I think people should just accept this for the good news it is and give credit where it's due..