David Cameron then on the offensive this morning in the FT accusing people of talking down the economy.
"I am confident that we can both resolve the crises at hand and come through them with an economy that is stronger and fundamentally fairer".he writes in the paper putting forward a three point proposal for recovery which includes tackling the debts,strengthening the competitiveness of our economy and unlocking global trade.
The Prime Minister writes ahead of what will certainly be quite awful growth figures to be released later this week.
He adds that strong growth alone is not the goal. For too long the British economy has been characterised by unfairness and imbalance; short-term thinking and short-term gains.