Pfft...What Do They Know

The Office for National Statistics' has reported that the UK's GDP in the fourth quarter remained the same as the third quarter despite a revised contraction of 0.2% in the third quarter.
On an annual basis, the GDP rose by 0.4% in the fourth quarter, slowing from 1.9% in the third quarter however in December, GDP fell 0.5% from the previous month, after growing by 0.1% in November.
For the year 2022 overall, GDP increased by 4.0% which is a significant slowdown from the 7.6% increase in 2021.
No idea what any of that means but apparently the UK is not technically in recession because that is two consecutive quarters of negative growth and we only had one, the second one wasn't worse than the previous one, it was the same but considering that the last quarter included all that Christmas spending then we can thank Santa for that small mercy.
The International Monetary Fund have said that the UK's economy will lag behind every other country in the developed world in 2023, including Russia which is at war and has most of the World sanctioning it.
The IMF have put Britain's economic awfulness down to 'tighter fiscal and monetary policies, financial conditions and high energy retail prices weighing on household budgets' to which the Government responded with a pfft..what does the IMF know.
The Chancellor explained away the awkward questions of how the hell are we worse off then Russia which is forecast to grow by 0.3% despite everything going on there by saying that: 'This confirms we are not immune to the pressures hitting nearly all advanced economies'.
That would be the advanced economies such as Italy, Germany, France, Spain, Canada, USA, China, India, Brazil, Mexico, Saudi Arabia, Nigeria and South Africa who are have projected forecasts of growth between 0.1% and 6.1%. Them economies?
As this is the same Government who introduced us to severe austerity in 2010 to 'bring down the national debt' which stood at £760m and when Boris Johnson signaled it was to end in 2019 stood at £1.50 trillion i think i will take my advice from the IMF thank you.
If you ever wondered what the UK would be like after 13 years of Conservative Government, have a look, and if you are still tempted to vote for them ever again, then you haven't look hard or long enough.