Again, my ignorance of economics will undoubtedly shine through here, but personally I can't much to whinge about with the recession.
- Mortgages are cheaper
- Fuel is cheaper
- Food is cheaper
- Cars (especially new ones) are being sold at massive discounts
- Woolies is practically giving everything away (ok, not much to get excited about there)
So if everything is cheaper, and as long as I keep my job and don't want to travel to Europe, then personally I think the recession is great!
Just one thing though. Does anyone really think the 2.5% VAT reduction will make me rush out and buy jumpers because they are 20p cheaper? Surely, this doesn't amount to economics - more common sense.
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