Cooking the Books

Last week Labour released its Pre-election Economic and Fiscal Update called the (PREFU). The figures were better than expected. 

Labour said it showed the economy was in good shape. 

What they did not say the economy was benefiting from a massive increase in immigration.  

It is now clear that Labour opened the immigration floodgates last year to achieve a pre-election boost to the economy.

It is of course a short-term stimulus, created by Labour to advance their political agenda.

That’s a fact that has not escaped the attention of some economic experts.