We are back in recession, officially. The Treasury is briefing that it is because of the European Union, to which 40 % of our exports go because it is barely growing.
The Treasury doesn’t mention that the rest of the world – which takes the other 60 % – is growing at an average of 6%.
Indeed, the global economy has been growing consistently at 5% overall since the alleged “world recession” started.
Even the politicians, approved pundits and civil servants dare not dispute that it would be perfectly easy to get out of recession and into, at least, world average growth any time they wanted to.
All that is needed is for politicians to let the free market operate.
Adam Smith said: “Little else is requisite to carry a state to the highest degree of opulence from the lowest barbarism but peace, easy taxes, and a tolerable administration of justice.
“All the rest being brought about by the natural course of things.”
The corollary is that nothing else is required to ruin a country than politicians who insist on controlling everything.
Neil Craig, via email
If Cable wasn’t able, why Hunt?
If Vince Cable was seen as not fit to handle News Corporation’s BSkyB bid, because of his apparent hostility towards the Murdoch empire, why then was Jeremy Hunt appointed by the Prime Minister to take over this task?
The Culture Secretary had previously and openly showed his bias in the opposite direction to Vince Cable, in support of Murdoch.
His claim that he has only taken impartial advice on the matter, may be viewed for what it is, a smoke screen.
The claims of integrity by politicians should turn to ashes in their mouths.
Denis Lee, Ashton
Reasons to take the high road
I would like to invite readers whose appetite for a challenge is being whetted by the forthcoming Olympic Games to join us for Treelay – a sponsored walk and cycle in the Highlands from May 5-19 which will help fund the restoration of one of Britain’s great forests.
Treelay celebrates the planting of the millionth tree in the Caledonian Forest by conservation charity Trees for Life. The route begins and ends at our Dundreggan Estate near Loch Ness.
We hope that Treelay will be a worthwhile prelude to the Olympic Torch relay, which begins on the same day that Treelay ends.
Participants are asked to raise at least £100, and can sign up for one or more of 12 individual legs, which vary from 13km to 43km. For details, please contact firstname.lastname@example.org or call 01309 691292.
Alan Watson Featherstone