Today's news is GDP shrinking and house prices are falling. Not a lot but house prices have fallen for two consecutive months and if that's how you judge the bigger picture then one more month of shrinkage and house prices are into recession. When it comes to the economic outlook recession may well soon be on the cards. In the USA they are getting the Trump Bump. The rust belt area is seeing a renaissance but I doubt it will last and likewise here the pound has lost around twenty per cent of pre referendum value. So we are enjoying a period of unusual trade but imports are now that much more expensive and given that price rises are only just feeding in soon the jaws of inflation will start to tighten. Then the problems will start. I remember the 1970's and whilst we don't have the industrial base we had then people will start to feel the pain and I expect strikes for more wages not this winter but next. We may have a different and somewhat braver New world but some things don't change.
Friday, 28 April 2017
Thursday, 27 April 2017
Trump seems to be running the USA via Twitter and I expect him to declare war in 140 characters or less. I am old enough to remember Miss World contestants saying what they wanted to do would all answer "I want to travel and to see world peace" FAT CHANCE of that happening.
Wednesday, 26 April 2017
I still find it extremely hard actually believing that the referendum voted for Brexit. I never thought as a nation we were so messed up to believe the lies and half truths peddled by Boris and Gove. Even with rough calculations done in my head I could see through their calculations but I now have to vote in this general election. But who do I vote for? Here in Margate we have had Roger Gale representing us for years, I once drove home from working in Portsmouth to vote and that was near on thirty years ago. But North Thanet has remained true blue so I doubt anything is going to differ this time. But the question still remains who do I allocate my cross to?
Corbyn has proposed some tasty morsels today and of course I want nurse's and midwives to get more money and as for free school dinner "yes" I cry, but then I remember there is no such thing as a FREE LUNCH! All these things being bandied about will have a cost.
Monday, 24 April 2017
With the local elections coming up in a few days I decided to see what the local candidates were like. I went online (what did we do before the W.W.W) wll the long and short of it is that I shot off a couple of emails and the only person to have so far relied to me is the Green Party Candidate. So I would like to say thanks to Tricia Hartley Branch Secretary Thanet Green Party.
As for the others lets wait and see.