Sack this government and bring in My Dear Joseph, Marlene Business Forum and Jose Herrera
The Times, today
Malta out of recession
Malta has made it out of the recession six months before the government’s cautious June forecast, Prime Minister Lawrence Gonzi said yesterday, pointing to strong investment in capital projects and the economy as reasons for growth in the last quarter.
Provisional statistics published yesterday show that in real terms, Gross Domestic Product grew by 0.5 per cent in the last three months of 2009, after contracting in the previous three quarters. “I’m very pleased,” Dr Gonzi said at a press conference shortly after the official figures were released.
Only last week, Dr Gonzi had said Malta was well on track to come out of the recession by June, depending on whether tourism picked up. But in comments to The Times yesterday, he said he had been cautious in his predictions because the country’s economy was easily affected by other countries.
“The fact that Malta is out of the recession proves the government’s strategy has given us results – now we have weathered the storm,” he said.
Ah, but emerging from the recession earlier than expected and largely unscathed is not enough for My Dear Joseph, who tells us that he and Marlene Business Forum – to say nothing of Manuel Business Forum, who is currently engaged defending Sandro Chetcuti – could have done better.
Vote them in at once, I say. Give one of Consuelo and Robert’s PN back-bench tools a vote and let them use it, halli jaqa’ il-gvern. Then BOOOOM! Or should I say POOOOOFFFFFF! (if Ronnie and Jason are around) – u johrog Joseph il-Genie minn gol-megiks lemp.
The news report continues.
Labour leader Joseph Muscat said Dr Gonzi’s statements confirmed that he was out of touch with people’s daily lives.
Although sectors of Maltese society might be out of recession, hard-working families were still in the middle of a “human recession”, Dr Muscat said.
It’s the economy that goes into recession, My Dear Joseph, and not society, still less sectors of society. But you wouldn’t expect the chickens to work that out, which is why you say it.
Labour: trading in and on ignorance, as per damned usual.
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‘Human recession’, what will they think of next? These guys are a joke!
I think “human recession” is a new(ish) way of saying “job losses”, used by some American journalists. Joseph Muscat is showing off, in my opinion.
Yes, I am not sure the term “human recession” exists in the English language. I am not surprised Joseph Muscat said something like that, but I am surprised that The Times thought it relevant to reproduce it.
How does Joseph Muscat expect people to enjoy better standards of living if the economy does not grow?
Ha nghidlek Ang, lil dawk li nghidulhom tal-midilklas, biex jiehdu gost, illum ser nghidlihom il-kliem “human recession” biex jahsbuni importanti.
Ph.D. in economics anyone?
Unless he means something different, Joseph Muscat is probably merely parroting a term used by Larry Summers, director of the White House National Economic Council, when he was referring to what is commonly known as a “jobless economic recovery” during a WEF panel meeting in Davos this last January. Otherwise, the term is alien to Economics.
However, when he used this term, Summers was referring to the high rate of unemployment in the US. As far as we know, Malta’s unemployment has been under control.
Dak Toni Abela? Jew hasbitu Noel?
Maybe by ‘human recession’ he really meant ‘hair recession’?
What about some ‘humane attitude’? Sandro Chetcuti was one of their own and they are disowning him so forcefully that they will soon be asking ‘Who is Sandro Chetcuti?’ I don’t expect them to applaud what he did but they are only worried by the bad publicity this incident has given them.
[Daphne – Yes, compare their attitude towards Sandro to their attitude towards Consuelo Herrera.]
Human recession is Dr. Muscat’s figment of the imagination as the phrase does not make any sense whatsoever.
Is this his idea of being cool and progessive.
His lack of experience becomes more evident by the minutes.
But his followers think he is brilliant because he talks jargon. People like Joseph Muscat and his sidekicks just love to be surrounded by ignorance because it boosts their egos. Also shows where they are coming from. It is personal agendas that matter, not the good of the country.
Perhaps he meant that Malta is still suffering a human deficit today as a result of the years of neglect at the university by successive Labour governments.
Dan Joseph Muscat fiex inhu gradwat? Fil-pruzunzjoni?
@Riya Ever tried surfing ebay my friend? Shop around and rest assured that you will find a good ‘bargajn’. I think I will get one. ‘Doktor Cop’ Bomba kid!
The workers in Greece are going to face a wage freeze. ‘Kumbinazzjoni’ the government is a socialist one.
This rings a bell for me. I remember here in Malta having a freeze for five whole years. The government of that day was also a socialist one.
If Sant was our prime minister today, I assume that we would be facing the same solution: a wage freeze. A big thank you goes to those electors who used their vote to keep him out.