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Newsnight, James Caan & more on ‘recession’

I saw the James Caan from the BBC’s dragons den a couple of nights ago on Newsnight discussing or not whether there was going to be a recession and what should be done to stop it.

All things are pointing to a recession at the moment…

  • Sinking house prices
  • High energy costs
  • High food costs
  • High oil costs
  • Banks won’t lend money for mortgages
  • The employment market is slowing

and more things besides. I agreed with what James was saying in that the government must help us out here. If the government don’t want a recession then they must ‘ease the pinch’ on the average British person right now. It’s time to start cutting tax on energy and petrol and place these taxes elsewhere.

I personally have the viewpoint that there is so much wastage by the government that many millions of taxpayers money is virtually ‘lost’ due to poor allocation of the money or the money is not used to its full extent.

Recession won’t hit students so bad because the students will get the same amount of money regardless. The only thing to hit students bad (as I have said before) is these top up fees, high energy costs and rising food costs.

This is partly why this site is here. To help you guys out a bit more!

Take care for now

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