Revised data showed a 0.6% decreaseinoutput between July and September - the worst since 1990 and bigger than the 0.5% fall first estimated by the Office for National Statistics (ONS).
Growing GDP will be extremely difficult because high debt levels require onerous spending cuts, which, in the short term, can cause a contraction in the private sector and a decreasein total output.
To fully access that entire GDP, the government would have to raise all tax brackets to 100% without producing any reduction inoutput or decreasein revenue.