We are almost for sure going into a double dip recession early next year.
If we are prudent (or cynical) we know we cannot trust these Parties.
So when the Con-Dem coalition say up to almost half a million public sector jobs are going, you can bet your bottom dollar that it will end up being more like 700,000. They will let that in gently a little later down the line.
The whole principle depends on private businesses creating one job for every job lost in the public sector.
Here is what will pan out:
a) The big companies will make a killing as they cherry-pick the profitable bits the government and local authorities hive off. Lots of ‘Joint Ventures’ and Outsourcing.
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Farid Erkizia Bakht