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	<title>David Bates Financial Adviser &#187; Paratrooper</title>
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	<link>http://davidbatesfinancialadviser.net/blog</link>
	<description>Financial Life in Spain</description>
	<lastBuildDate>Sun, 23 May 2010 22:36:03 +0000</lastBuildDate>
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		<title>Economic Realities &#8211; Should Politicians tell the truth?</title>
		<link>http://davidbatesfinancialadviser.net/blog/360/economic-realities-should-politicians-tell-the-truth/</link>
		<comments>http://davidbatesfinancialadviser.net/blog/360/economic-realities-should-politicians-tell-the-truth/#comments</comments>
		<pubDate>Mon, 01 Feb 2010 08:41:39 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Recession]]></category>
		<category><![CDATA[Spanish Information]]></category>
		<category><![CDATA[UK News]]></category>
		<category><![CDATA[Beleagured]]></category>
		<category><![CDATA[British Economy]]></category>
		<category><![CDATA[David Cameron]]></category>
		<category><![CDATA[Economic Realities]]></category>
		<category><![CDATA[Economic Truth]]></category>
		<category><![CDATA[General Election]]></category>
		<category><![CDATA[Gordon Brown]]></category>
		<category><![CDATA[Horizon]]></category>
		<category><![CDATA[Inflation]]></category>
		<category><![CDATA[King Canute]]></category>
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		<category><![CDATA[Paratrooper]]></category>
		<category><![CDATA[Parlous State]]></category>
		<category><![CDATA[Peter Mandelson]]></category>
		<category><![CDATA[Politicians]]></category>
		<category><![CDATA[Pussy Foot]]></category>
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		<category><![CDATA[Winter Of Discontent]]></category>

		<guid isPermaLink="false">http://davidbatesfinancialadviser.net/blog/?p=360</guid>
		<description><![CDATA[Should politicians simply talk up the economy, when the truth is that it is still suffering and has a long way to go, before we can truthfully say it is growing?  A General Election is looming large on the horizon, and the points scoring process as started. Labour, via Lord Peter Mandelson, are accusing David [...]]]></description>
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<p>Should politicians simply talk up the economy, when the truth is that it is still suffering and has a long way to go, before we can truthfully say it is growing?  A General Election is looming large on the horizon, and the points scoring process as started. Labour, via Lord Peter Mandelson, are accusing David Cameron, and the tories of putting down the British economy, when they should be talking it up. In the past this has happened, 1979, for example. A beleagured Prime Minister , James Callagahn claimed inflation was only at 8%, as Labour grappled with the winter of discontent, like a paratrooper trying to take the air out of his parachute on landing and put it back in its pack, or like King Canute trying to order the sea to obey him. However hard he tried the reality showed up. Britain was not prepared for how bad things REALLY were ,as interest rates soared after the election to tackle the parlous state of the economy.</p>
<p>We all know there are very difficult days&#8217; ahead, more difficult than any of us can remember, so I say to all politicians ADMIT the truth, don&#8217;t pussy foot about dismissing opposition comments that are the stark ECONOMIC TRUTH. Britain is in a mess, Britain, as it has been proved , was &#8220;not best placed to come out of recession quickly&#8221;.  Gordon Brown is having to eat his words more and more, he is just not to be believed on anything, as he struggles to save HIS job, and not the country.</p>

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