Wednesday, 5 November 2008

Factory production falls are as bad as in 1980

Factory production fell by 0.8% in August the seventh month in a row.

The last time factory production fell 7 straight months was in 1980 under Thatcher's recession. Gordon Brown was probably campaigning then against factory closures.

this time he can actually do something about it, but instead decides to put up the rate of tax that small business pay.

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