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Recession ‘only a matter of time’

IT is only a matter of time before Jersey goes into recession, the Chief Minister said yesterday. On the same day he told manual workers to ‘get realistic’ over their pay claims, Senator Terry Le Sueur told the States: ‘It is a question now of when Jersey might go into recession and not if.’ He […]

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We’re not all doomed just yet

IT is difficult to lay down hard and fast rules about when a recession deteriorates into a depression, but the generally agreed threshold is a decline in economic performance of at least ten per cent for a protracted period. Jersey is not in this dire condition, but the definition of depression serves as a benchmark and an indication of just how seriously we are likely to be affected by the present global downturn.

Posted inComment, News, Voices

A Week in Politics

IT’S a funny thing, your first States sitting. The first one that I remember doing was a Budget meeting, probably in 2000 or 2001, and being confused about how States spending rose relentlessly without anything significant to show for it. I suppose I still am.

Posted inComment, News, Voices

A week in politics

I WAS born in 1977 – way, way too late for the golden years of journalism. I had hopes, though, dreams of unmarked envelopes containing fabulous leaked documents, meetings in smoky back rooms, images of running into the Editor’s office an hour after deadline with some awesome story and hearing him rush out yelling:’Stop the press!’

Posted inComment, News, Voices

A week in Politics

STATES budgets lurching into the red, a Millennium Town Park we can’t have by 2012 after all, our economy in the hands of people who don’t seem to like us all of a sudden – the news hasn’t been great recently, has it?

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