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April 29th, 2012 
FAKE NEWS for the Zionist agenda In an interview with the Observer, Balls said that without a change of direction from the UK Chancellor George Osborne, Britain faces a period of ten years of sluggish growth and high unemployment rates.
“That sort of stagnation is consistent with a bit of growth, but not enough, that could go on for a very long time,” he said.
Insisting that the public deserves to hear the economic policy alternatives, he called on Osborne to join him in a live televised debate on how the economy could be pulled out of the double-dip recession.
Moreover, he said the latest figures proved he had been right to warn that the Tory-led government’s current strategy was “too far and too fast”, adding, “In politics and especially in economics and politics, when things start to go wrong, the sooner you admit it the better.”
A few days ago, reports showed that Britain’s economy has slumped back into recession after its gross domestic product (GDP) fell 0.2 percent in the first quarter of 2012.
The Office for National Statistics (ONS) said Britain’s GDP has fallen 0.2 percent in the first quarter of 2012 adding to a 0.3 percent contraction at the end of 2011.
SSM/HE
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