Will we see a pre-general election boom?
As we draw closer to the next general election, which many predict will occur in mid-2010, a number of experts in the field of economics are suggesting we may well see a pre-general election boom orchestrated by the UK government. It is no surprise to see the UK authorities taking a more hands-on approach towards regulation, possibly to the demise of the Bank of England, although how they will use this potentially improved power remains to be seen. If the UK government does attempt to instigate a pre-general election boom it would not be the first political party to do so as over the years this has become something of the "norm" in political circles. But will the UK government be successful?
The success of the UK government over the next 12 months will come down to the perceived performance of the UK economy and how the likes of Gordon Brown and Alistair Darling assisted this. It will take years to pay back the £1 trillion plus which has been used to shore up the ailing economy although the UK government will not draw attention to this until after the election. The government will hope to increase its current standing with UK voters using a sea of optimism for the future of the UK economy and gratitude from UK voters for "saving the day".
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