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Via Duncan, an Independent article about a disagreement between UK businesses and the Conservative government.

Various and sundry Tory ministers are openly complaining about businesses ‘whinging’ [whining, kvetching, or bitching] about the lack of any stimulus in the recent ‘Queen’s Speech’.

The ministers talk like they believe that business is going to step up and jump-start the economy by hiring all kinds of people in face of the declining demand by consumers, while government austerity takes place in the domestic and export markets, causing even more unemployed people and further reduction in demand.

These are true-believers who have done everything they thought the ‘confidence fairy’ wanted them to do, so businesses should now rush in and restart the economy.

For their part, businesses are looking at an economy that has dropped back into recession and can now see the wisdom of John Maynard Keynes, 1st Baron Keynes, CB FBA. As far as business is concerned austerity is making things worse, so now is not the time to invest.


1 Badtux { 05.15.12 at 1:38 am }

Oh there you go with that silly “reality” thing again. Sheesh. 2+2=5, doncha know?!

– Badtux the Conservative-channelin’ Penguin

2 Bryan { 05.15.12 at 9:47 am }

You would think that the fact that business doesn’t believe in austerity would be a clue that there is a problem, but they continue on ‘with the beatings until morale improves’.

3 Steve Bates { 05.15.12 at 11:49 pm }

I’ve had my doubts ever since I saw that pic of the “confidence fairy” that looked so much like Richard Simmons…

4 Bryan { 05.16.12 at 9:16 pm }

Maybe a hungover Richard Simmons with kidney stones …