While UK Prime Minister David Cameron and his chancellor George Osborne claim their austerity policies are making the UK economy stronger, a devastating report by the World Economic Forum argues otherwise.
In fact, parts of the UK economy are now performing worse than Haiti and Zimbabwe.
The World Economic Forum releases it’s Global Competitiveness Survey every year, a major report that is read and referenced by decision makers in politics and business the world over. This year, the UK slipped from 9th to 10th overall, out of the 140 countries studied.
But if Cameron and Osborne are saying the UK economy is not only in recovery, but the fastest growing economy in the developed world, how can we be slipping down the league tables?
Source: UK economy ranked below Zimbabwe by World Economic Forum, thanks Cameron | Scriptonite Daily
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Nicely said. The government arn’t balancing the books – they’re cooking the books.
Very well explained with clear analogies.
But do they take any notice?
It’s really about ideology and not economic policy at all.
Sadly, for us.
So much for the Tories implementing fiscal responsibility. We need to do everything we can to get rid of this government asap. We can’t wait until 2020.
Well Cameron it looks like you and george have been really clever, your finally killed Great Britain, feckin got morons.
False. Uk is ranked 10th in the WEF Global Competitiveness Survey. Look it up yourself at the original source. http://reports.weforum.org/global-competitiveness-report-2015-2016/competitiveness-rankings/
The article goes into a little more detail than that.
The slippage from ninth to tenth overall is featured in the part that I quoted – as you would know if you had bothered to read it.
The full story is reported in the original article.
Guaranteed when the tories are back in, the country goes down everything, the polls, the league tables, the toilet!