Saturday, July 16, 2005

Blairs incompetance complete?
The number of people claiming unemployment benefits has risen for the fifth month in a row in June and this is the longest sustained rise in unemployment figures since the recession of 1992 according to the Office of National Statistics.

8,800 people had claimed jobseekers allowance in June leading to the total figure of 864,900 people registered as unemployed but with 8.6 million people registered as disabled and on benefits the true number of unemployed and on benefits is about ten million people in the country.

This means that 17.5% of the population in this country are unemployed. Blair has lost the plot. We have never had such an treacherous and incompetant leader such as Blair. While he has been busy planning to give more of our independence to Brussels he should have been planning ways to protect our economy. He should have been putting tariffs on foreign made good so our own can compete. He should have especially done it on China as not even african countries can compete against them (http://news.bbc.co.uk/2/hi/africa/4656987.stm).

The EU is also at the head of damaging our economy. The agricultural policy that the EU has subsidises french farmers so we are funding french farmers who are making it almost impossible for our own people to compete.

We can't wait any longer. If we don't get a new prime minister, protect our economy and leave the EU we will never recover when it gets worse unless drastic measures are taken.

The impact of the terrorist bombings on London and associated economic costs will also lead to a downturn in the economy and resultant job losses in the next few months whilst any more attacks will also cause vast economic damage to the country.

Retails sales are falling month by month and house prices are also falling and a chance exists for a further quarter point cut of interest rates next month.

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