BAD NEWS IT’S GOOD NEWS

UK industrial output rose at it fastest rate for 25 years.

But you would hardly notice if you rely on the BBC….the story being relegated to an also ran position on the UK news page and not the Frontpage.

Who would doubt that if the figures had shown the biggest drop in 25 years it would have been headline news?

After the initial statement that output rose then came a long list of warnings and doubts about  future prospects.

It looks like someone at the BBC doesn’t want you to think that things may not be quite as bad as they are being painted by the BBC and Labour.

 

You might have thought that the possibility of coming out of recession would be big news:

 

UK’s double-dip recession over, economic surveys hint

A series of economic surveys has provided fresh evidence that the recovery is gathering momentum and the double-dip recession is finally over.

 

Apparently not.

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13 Responses to BAD NEWS IT’S GOOD NEWS

  1. Demon says:

    It used to be said, before 1997, “What’s good news for Britain is bad news for Labour, and vice versa
    “. The same is true now and is also true for the BBC.

       38 likes

  2. George R says:

    This is the public spending which Beeboids favour most:

    “BBC’s new £1bn base finally on air after four year wait”

    Read more: http://www.metro.co.uk/tv/911191-bbcs-new-1bn-base-finally-on-air-after-four-year-wait#ixzz25pMC7clW

       19 likes

  3. chrisH says:

    Oh-and TUC membership is at its lowest for 40 years or more apparently. Now below 6m for the first time since the early 70s.
    Any analysis of this by the BBC,,,or will that still be Jim Priors fault then?
    Need I ask?

       27 likes

  4. Fred Sage says:

    Why does’nt the Labour Party take the Obama line and announce in a dignified and wise manner that they will be opting for ‘Change’ no one knows what that will mean but it sounds good. The latest from the President is that ‘Change’ can be difficult.

       13 likes

    • Demon says:

      Wasn’t “change” one of the mantras offerred up by them in the lead up to the 1997 election?

         9 likes

    • Stan Arnold says:

      There is an episode of Cheers where Woodie, the pleasant, but not-too-bright barman is running for office with the city council. He has to give a speech. “What shall I talk abut?” he asks bar regular, Norm. And Norm replies “Just keep going on about change – they’ll love it!’ Was Obama a Cheers fan? I think we should be told.

         10 likes

      • uncle bup says:

        Mad Gordon MacRuin’s slogan was ‘Change and Continuity’.

        Didn’t want to miss any bases.

        Suppose he could have had ‘Change, Continuity and Miscellaneous’ just in case.

           9 likes

  5. George R says:

    ‘Daily Mail’ Comment –

    “Good money after bad.”

    “For the umpteenth time in recent months, the BBC was yesterday breathlessly hailing the latest miracle cure for the eurozone’s sovereign debt crisis.
    “But, as with the previous sticking-plaster bailouts, the European Central Bank’s decision to buy ‘unlimited’ amounts of short-term government debt fails to offer any long-term solution to the fatal flaws inherent within the one-size-fits-all euro.
    “Rather, as Bundesbank president Jens Weidmann observed, the ECB’s bond-buying scheme is ‘tantamount to financing governments by printing banknotes’.
    The day is surely approaching when even the Brussels elite will have to accept that the single currency cannot survive in its current form. In the meantime, they continue to hurl money on the fire.”

    Read more: http://www.dailymail.co.uk/debate/article-2200031/Cabinet-reshuffle-A-chance-Tories-rectify-past-mistakes.html#ixzz25sJ5NZTf

       11 likes

  6. David Preiser (USA) says:

    On a related note:

    UK recession less deep than thought

    The UK economy shrank by less than previously thought between April and June, official figures have shown.

    Revised data from the Office for National Statistics (ONS) show the economy contracted by 0.5% during the quarter, less than the 0.7% it announced last month.

    The ONS said output in the construction sector was higher than it had previously estimated.

    Many economists had expected the figures to show a smaller contraction.

    Naturally economics correspondent Hugh Pym had to get his licks in anyway (inset “Analysis”):

    So things don’t look quite so bad, but the economy was still contracting in the second quarter. Revisions to industrial production and construction, as widely predicted, reduced the scale of the overall fall in output.

    Given the Bank of England believes that the extra Bank Holiday in June reduced growth by 0.5%, it could be argued that, after accounting for that, the economy was flat between April and June.

    But that’s not the point of the announcement, is it? He just couldn’t pass up an opportunity to remind everyone that the economy was still poorly. Don’t want the audience to get the wrong idea or start thinking the glass might have been half full after all.

    In case that’s not enough, they give a video spot from Labour. Last I checked, the ONS is not a Tory Party institution, so why the need for “balance” here? If it was Osborne crowing about the figures or something, then sure, we must have balance. But this is the ONS making an impartial announcement about numbers. The Beeboids obviously see it as good news for Osborne and Cameron, full stop, so felt the need to provide an opposing viewpoint.

       13 likes