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I saw Osborne on the lunchtime news and he seems to be forever on TV lately making excuses, but these days with the hint of an apologetic air, something he wasnt known for previously. He blamed the last government, as all of them do, for todays -0.7 figure, but not quite in the same gung ho way as before, as blaming the previous government doesn't really wash anymore. No-one is buying it. These guys have been in power a long time now and we stagger from one set of bad figures to the next and dont they know it.
The great whipping boy of economic misery at the moment is always the state of the Euro. "Thank Gawd for the state of the Euro", says George in his prayers every night, otherwise there would be no legitimate excuse for the continued recession. But one often wonders if the Euro really is all that much of a problem. Sure, nobody is thriving but we are still trading are we not...?
The demand is still there..as mentioned today in the case of Land Rover Jaguar. The sales of posh cars is increasing. I did put up figures fairly recently which showed this, the humble basic family Ford is down but Mercedes-Benz sales are up. What does that tell you.
The people with money still have it and will spend. Thats why we see more jobs announced today. Growth is possible if you have the right product...particularly at the upper end. The guys at Land Rover Jaguar clearly have terrific products at the moment after years in the doldrums but this isnt about Conservative government , even though Mr Cameron often highlights this news, but essentially and totally about innovation and design. Do it right, design it right, and growth will follow.