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Indeed Howard
However the answer is not to create huge swathes of public sector jobs, but to create the right conditions to encourage the growth of small businesses, social enterprises and other third sector employers. Also we need to create the conditions that encourage the young to set their own businesses up. This of course demands that the banks fulfill their promise to increase lending (particularly RBS & Lloyds) to SMEs unlike now
http://www.bbc.co.uk/news/business-15718590
and also for the UK Innovation Investment Fund to extract its digit. Public Sector spending will just require more borrowing and consequently longer and deeper cuts in the future
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