Tackling Slump Holds Key to Victory; ECONOMICS ANALYSIS

The Evening Standard (London, England), April 6, 2010 | Go to article overview

Tackling Slump Holds Key to Victory; ECONOMICS ANALYSIS


Byline: Hugo Duncan

THE economy will take centre stage in what looks set to be the most fiercely contested General Election battle for a generation.

Gordon Brown today said Britain will go to the polls on 6 May after the longest and deepest recession since the Second World War.

Gross domestic product fell 6.2% during the 18-month slump, thousands of businesses collapsed, and hundreds of thousands of workers lost their jobs.

The economy finally started growing again in the final quarter of 2009 but expansion of 0.4% was hardly spectacular and all three major parties know the recovery is fragile.

The most pressing issue facing whoever wins power is to reduce Britain's record debts through spending cuts and tax rises, while at the same time securing the recovery and creating jobs. A key date in the election campaign is 23 April when output figures for the first quarter of 2010 are published.

Here are the economic issues the three main parties will focus on between now and polling day: LABOUR The Prime Minister kicked off the election campaign today as he means to carry on.

"The people have fought too hard to get Britain on the road to recovery to allow anybody to take us back to the road to recession," he said in a direct attack on the Tories.

It is a theme Labour will return to time and again.

Brown and Co will say they made the "right calls" during the financial crisis and recession.

Unemployment has not risen as much as in previous recessions, fewer families have lost their homes, and more businesses have stayed afloat.

Labour has pledged to more than halve the deficit over four years, from 11.8% of gross domestic product last year and 11.1% this year to 5.2% in 2013-14 with the squeeze starting next year rather than now.

Brown and Chancellor of the Exchequer Alistair Darling will urge voters to back their "judgment" in handling future difficult decisions on tax and spending.

They will insist the Tories were "wrong" during the downturn and are "wrong again" about the recovery and that only Labour can be trusted with the economy. …

The rest of this article is only available to active members of Questia

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this article

This article has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this article

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited article

Tackling Slump Holds Key to Victory; ECONOMICS ANALYSIS
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Author Advanced search

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.