THE GLAMOUR, the glitz, the euphoria is over and the excitement of the Olympics is gone, which lifted we Brits out of depressing humdrum days of stagflation.
Bring us back to the misery and reality of inflated Britain.
Our economy has ground to a full stop, regardless of the fact that we were told it was growing by 0.2 per cent.
Yet official figures released indicate that it actually stood still thr
ough April to June.
Manufacturing and spending have almost stalled. Exports have slumped, owing to the Eurozone Trading shrinkage which sent sterling dropping against the Euro and the dollar, killing off the Prime Minister's boast of 63 quarters of unbroken growth.
Economists inform us that worse is yet to come, with fuel prices expected to rise continually. Employment is falling rapidly, house building is at a new low, with repossession of homes at an all-time high.
They also predict no change in our fortunes till the year 2010.
We are now paying the price for Labour's economic ineptitude and with high inflation it will be impossible for the Bank of England to cut interest rates.
Shoppers are now visiting bargain shops rather than supermarkets in an attempt to stretch their pounds that little bit further, and who can blame them?
Things are so bad that immigrants are returning to their homeland because they too are finding it difficult to manage.
Unfortunately they leave thousands behind that will neither work nor want.
Mr Brown maintained that the days of boom and bust were gone.
Sorry Prime Minister, that's not true. Britain certainly is far from booming.
It's zooming to economic recession, with bust, a rather mild expletive, for we are darn well about to implode under the rapid increase in our inflammatory price rises.
Fred Gibbon,
Masefield Road,
Hartlepool.
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