If the economy is in recovery, why does it still feel like recession?

Vox Political

No doubt Gideon George Osborne will spend the next few days (if not weeks and months) crowing about the figures from the Office for National Statistics that say the British economy has grown for a third successive quarter.

He has already tweeted, “This shows that Britain’s hard work is paying off & the country is on the path to prosperity.”

The construction industry has grown by 2.5 per cent on the previous quarter, with house builders buoyed up by Gideon’s Help to Buy scheme, which offers (unsupported) mortgage guarantees to buyers and lenders. He has promised to divert £12 million to this, but has not said where he will find the money.

Critics have warned that this is simply creating another housing-fuelled debt bubble that will burst in a couple of years’ time, leaving even more people in debt than after the financial crisis hit us all.

Has this growth…

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About thepositivevoice

We originally set out to advocate and campaign for and on behalf of people living with HIV in Greater Manchester. But we chose to slightly change our name by adding beyond. Therefore our name is Greater Manchester & Beyond of People Living With HIV & AIDS. Cause there are many issues that affects people living with HIV we now look ate other health and social care issues that will affect people living with HIV in their everyday lives. For the purpose of this site we have chosen a strap-line name hence our user name here - this is of course "thepositivevoice". The reason for this is often the issues that affect us can be quite daunting and discriminatory to our very existence. So whatever negative we hear and see - we endeavour to turn that into a positive. There are many examples where a negative has turned into a positive and one of those example is the term "Queer" - well that is also quite interesting as some people in the lesbian and gay community don't like that very word - some have decided to own it. Therefore any person that calls another person (the example here) queer - some gay people will reply yes we are. As time moves on and I as the author of this blog - information will be never-ending. So watch this space.
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