Professor David Blanchflower, a member of the interest rate setting squad calls for urgent rate cuts.

In an unprecedented interview with reuters earlier this week, the brave outspoken Professor sated that unemployment may hit 2 million by Christmas unless we drop rates now;

“We are going to see much more dramatic drops in output. The way to get out of it is to act, by interest rate cuts and fiscal stimulus and other things to try help people who are hurt through this.”

Finally we have positive and informed statements coming form the corridors of power, past decisions may be being challenged, but we are where we are and now is the time for action – URGENT action and not playing the blame game.

Trumpo is quietly confident that due to pressures from brave outspoken people who live in the real world, that next week the good news of  fiscal stimulus will start to flow quicker than planned. Urgent actions or statements will have to be delivered through gritted teeth by ill infomred Ministers, this should then allow your Trumpo to report even more positive news!

Professor Trumpo ?

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