Tuesday, 14 January 2014

UK Inflation falls to 2%


So after being told we were going to have a triple dip recession it turns out we didn't even have a double dip.

After being told we would lose our AAA credit rating we were marked down by only one of the three agencies.

And now after being told that we would have unrestrained inflation we have - Inflation back to the 2% target.

Now obviously I wouldn't expect  Labour at any time to actually admit to being wrong, wrong and wrong but at least the economy is on the mend.

I guess at least they can still talk about the cost of living crisis and pretend that prices today would be the same as in 2010 had they stayed in power - of course I am not sure quite how this claim works as prices were going up at quite a rate before 2010 but at least this is one of Labour's claim which can't be shown up as scaremongering.

p.s. I hadn't planned on this being an anti-labour post more about the good news for the economy, the trouble is that pointing out Labour lies is just too much fun (and quite easy)

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