On the day when GB's Women Footballers kicked off the sporting action in an Olympics that is supposed to lift our spirits, we got word from the Office of National Statistics that showed the UK suffered a 3rd quarter of economic contraction, down a worse than expected 0.7%.
When publications such as The Daily Telegraph, and The New Statesman have such damning stories about a "part-time"... "work experience" Chancellor of The Exchequer, in other words, George Osbourne, you know you're in trouble.
But also, if you were a shareholder of a company that had seen three consecutive quarters of losses, 4 quarters of losses in 5, and 5 quarters of losses in 7, you'd demand a change at the top level. Both the CEO and CFO would be unquestionably under threat. David Cameron and George Osbourne should be very seriously thinking about their positions, and George Osbourne should definitely resign.
Austerity Doesn't Work!
That should now be clear to every human being and your more discerning domesticated animals.
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