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  Well okay the IMF have given him a cautious thumbsup for the theory, but as Norman Lamont former Chancellor of the Exchequer said on Sky earlier..'what we mustnt expect is a consumer led recovery because the consumer is cutting back bigtime'.
  
  Where does a recovery come from if it isnt consumer led? thats the problem. The consumer it appears to me is at the heart of all recovery..he creates demand, then people have to go off and work to make the item he requires, then work to supply it, and so on.
  
  Also today there was another unhelpful and slimey development in the shape of Vince Cable and his speech at the GMB conference. He clearly threatened the unions that if they up their strike quota the government will introduce draconian laws to deal with it. The government are clearly trying to head off a "winter of discontent" at the pass. But it is the peoples right to strike...if they are disgruntled with cuts, wage freezes, job losses, losses to services then let them strike..it is there right to do so. WE already have draconian anti strike measures which were introduced by Mrs Thatcher as I remember from back in the era of flying pickets.

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