I’ve had a thought, yes another one, yes it was lonely etc etc. It ends in a question for the amateur economists out there.
Things in the UK are beginning to look better with falling unemployment and possibly rising house prices. One thing the economy would need to sustain growth would be increased personal spending, and if other factors begin to look better increased personal spending would ensue.
However one thing the UK also needs is increased steady light rain to alleviate the drought. If that happened, of course, people wouldn’t go out as much and personal spending might not manifest.
So my question is … what would you prefer a good summer or sustained economic growth? Answer as honestly and selfishly as you wish.
