News from Labour Matters

Four right-wing myths on the economy debunked

In an excellent article Donpaskini publishes the truth behind four common falsehoods currently perpetuated by right-wingers. The definitive answers to the following myths are outlined: Our economy has stagnated (0% growth in Q2) whilst the US, the so-called epicentre of the crisis, grew 3.3% in Q2; Northern Rock was a disaster. Why are we the only country in the world with bank failures; The collapse in Sterling shows that Brown is lying; and last not least, we have a massive inflation problem and it will get worse, bring on the 1970’s. None of these are true. Read the full article.

Other news from Labour Matters

• Labour releases powerful film on Conservative crime choices - 9 March 2010
• David Cameron's claim to have changed the Tories is exposed as hot air - 7 March 2010
• Banned councillor still supported by London Mayor despite police probe - 2 March 2010