They have come out with a corker this morning stating that interest rates could be raising to 8% by 2012.

Now we love contentious debate here, but not incompetent debate.

What these plonkers fail to realise in their ivory think tank towers, is that the average UK family’ largest commitment is paying the mortage or the rent. Now families are on an absolute financial knife edge at the moment, with 5 million people spending more than they earn each day just to pay the bills and 13 million are just breaking even.

What do they “think” would happen if 18 million mortgages and rents doubled, do they not also realise that inflation is being driven by commodity prices and not consumer spending?

If comments like this are meant to push people over the edge, then congratulations Mr Think Tank! I am sure those 18 million people on the bread line think that you are the best think since sliced bread.

Can I suggest that whoever funds these stupid quangos, take a good look at the damage their stupid headline grabbing comments can do to any chance of a positive recovery.

The think tank needs to think a little more!

Your Trumpo.

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