Unemployment up another 53,000, and "the recovery" has been "put at risk" by the need to stop spending more than we earn. Even the chairman of the BoE is spouting about the dangers of not reigning in our chronic overspending right away. He's also revised his forecasts to point up that inflation is a much bigger problem than he formerly forecast. Who would have thought that printing loads of money would cause inflation?

Worse: Foreigners are no longer to blame for our woes - we now have to take ownership of our own problems. And... we are no longer able to jet around lecturing other countries on how to run their economies as we're now too busy fixing our own. No one is even out there saving the World!

This is tragic! Things were never this bad under Global Gordon!

Did you notice how 'upbeat' Merve was trying to be, yet still having to quantify what he said with a lot of 'we have to be aware of the downside and inflation is not where we thought it would be!' Still worried they might be tempted to restart the printing presses.

I hope Oik comes clean with the state of the books!

Manufacturing figures were better but look at the underlying inflation in them too!

As for Merve saying he agrees with the Tories about the need for immediate cuts, then we can only assume it was Brown/Darling who made him say cuts will be fine next year! So much for an independent BoE!

did anyone catch this Sky news tamtrum

http://www.youtube.com/watch?v=0XHuZqyuIS8

Adam Boultan wet himself i think... im sure some kebabs will calm him back down.

Brill.........Should have stuck one on his chin!

The whole thing has been worth it if we never see that particular spin doctor again..........

I the immortal words of the Fab Four........

If you drive a car I'll tax the street

If you try to sit I'll tax your seat

If you get too cold I'll tax the heat

If you take a walk I'll tax your feet

I'm the taxman!

seeing cleggy is deputy dowg! does that mean illegal immigrants will be given amnesty..

seeing cleggy is deputy dowg! does that mean illegal immigrants will be given amnesty..

Nope, all the really potty LD ideas have been discarded. Trident stays and a replacement will be bought, though carefully costed. Also the daft idea of giving away £16Bn in tax reductions in order to get £1.5Bn to the low paid has been revised to something a lot more cost effective and affordable.

Nope, all the really potty LD ideas have been discarded. Trident stays and a replacement will be bought, though carefully costed. Also the daft idea of giving away £16Bn in tax reductions in order to get £1.5Bn to the low paid has been revised to something a lot more cost effective and affordable.

So are you saying this coalition might actually work???

I'm willing to give it a shot if nothing else it can't be as bad as what it replaces!!!