spotInternational figures

spotLabour Party figures

spotLefts

spotMiscellaneous

spotNationalists

spotOther UK politicans

spotSocialist Party and CWI public figures

spotTory figures

spotTrade union figures

spotTransport

spotWriters and artists


All keywords


International figures keywords:

Ahmadinejad (15)

Al Gore (3)

Alan Greenspan (3)

Albert Einstein (2)

Alistair Darling (11)

Ariel Sharon (23)

Avigdor Liberman (1)

Babeuf (1)

Bashar al-Assad (6)

Benazir Bhutto (3)

Benito Mussolini (1)

Berlusconi (21)

Bertie Ahern (3)

Boris Yeltsin (2)

Charles Darwin (2)

Che Guevara (18)

Cindy Sheehan (9)

Daniel Ortega (2)

David Kelly (4)

Dmitry Medvedev (2)

Donald Trump (38)

Ehud Barak (1)

Eleanor Marx (17)

Fidel Castro (10)

Gaddafi (18)

General Franco (1)

General Suharto (1)

George Best (1)

George Bush (80)

Hilary Clinton (3)

Hitler (20)

Hosni Mubarak (8)

Hugo Chávez (31)

Jacob Zuma (9)

Jacques Chirac (3)

Jean Bertrand Aristide (2)

Jean-Marie Le Pen (3)

John Maynard Keynes (2)

Joseph McCarthy (2)

Junichiro Koizumi (1)

Karl Liebknecht (5)

Lenin (59)

Lula (23)

Mahinda Rajapaksa (5)

Mahmood Abbas (1)

Malcolm X (21)

Mao Zedong (3)

Marine Le Pen (6)

Mikhail Gorbachev (3)

Mugabe (11)

Mussolini (4)

Napoleon Bonaparte (2)

Nicolas Sarkozy (7)

Obama (64)

Osama Bin Laden (2)

Paul Krugman (4)

Paul Wolfowitz (1)

Pervez Musharraf (7)

Pinochet (17)

Pope John Paul II (1)

Recep Tayyip Erdogan (2)

Richard Branson (13)

Robespierre (5)

Romano Prodi (4)

Ronald Reagan (2)

Rosa Luxemburg (13)

Rupert Murdoch (27)

Saddam Hussein (29)

Sarkozy (16)

Silvio Berlusconi (4)

Stalin (41)

Thabo Mbeki (2)

Tim Flannery (1)

Tony Blair (142)

Trotsky (112)

Trump (54)

Vladimir Putin (17)

Yasser Arafat (8)

Alistair Darling


Highlight keywords  |Print this articlePrint this article
From: The Socialist issue 599, 28 October 2009: Support Postal Workers

Search site for keywords: Alistair Darling - Pay - Recession - Economy

Darling you're talking rubbish!

WHAT A turnaround. Just a couple of weeks ago, chancellor Alistair Darling, claimed he could see the green shoots of economic recovery. Many media commentators said so too. Then the Office for National Statistics reported that the British economy shrank again during July-September by a further 0.4% - down 6% over 18 months of uninterrupted decline, the longest downturn since quarterly records began in 1955.

Manny Thain

Manufacturing output and construction have fallen by nearly 15%. Investment in new plant has been cut massively, weakening the economy for years to come. An estimated £100 billion worth of output has been lost, leading some economists to say that it will be 2012 before levels recover to those of last spring.

Government policies have completely failed. Nearly £1 trillion has been spent bailing out the banks, guaranteeing top bankers' phenomenal bonuses but little else. A further £175 billion has gone on 'quantitative easing', which may have boosted share prices but credit for small businesses and individuals remains tightly squeezed.

Now, the government and opposition parties are turning the screws on essential public services, wages and jobs. Already, there are 600,000 fewer people in work than at the start of the recession; one in three companies have frozen pay and one in ten have cut pay (The Independent, 24 October).

Of course, statistics for any individual month can register some temporary respite. But it is clear that we are in the midst of a long, painful and protracted recession. Any claims of recovery by Darling should be given as much credence as Gordon Brown's boast that he had ended 'boom and bust' when he was chancellor - before the whole world went into financial meltdown.

In his Alistair-through-the-looking-glass world, Darling is either in complete denial or he's lying through his teeth. The working class will have to wage a determined fightback against this attempt to make us pay for the capitalists' crisis.







Join the Socialist Party
Subscribe to Socialist Party publications
Donate to the Socialist Party
Socialist Party Facebook page
Socialist Party on Twitter
Visit us on Youtube

LATEST POSTS

CONTACT US

Phone our national office on 020 8988 8777

Email: info@socialistparty.org.uk

Locate your nearest Socialist Party branch Text your name and postcode to 07761 818 206

Regional Socialist Party organisers:

Eastern: 0798 202 1969

East Mids: 0773 797 8057

London: 020 8988 8786

North East: 0784 114 4890

North West 07769 611 320

South East: 020 8988 8777

South West: 07759 796 478

Southern: 07833 681910

Wales: 07935 391 947

West Mids: 02476 555 620

Yorkshire: 0114 264 6551

ABOUT US

ARCHIVE

Alphabetical listing


April 2018

March 2018

February 2018

January 2018

2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999