Budget Blues

With taxes up and borrowing Darling's budget did little to prepare us for the possible recession heading our way. We have been very fortunate over the past 14 years that a set of tough decisions made in the early 1990s combined with a great deal of luck have kept the UK economy continually growing. However Labour have done nothing to prepare for the bad times, so if we do hit recession over the next few years I expect it could get quite miserable.