A Hung Parliament isn't something to fear from an economic point of view
By David Bailey on May 2, 10 10:56 PM in Economics

Amidst the cacophony of claim and counter claim in the final week of the election, there has been a line much repeated by a slice of the pro-Tory London press and indeed the Tory Party itself that a hung parliament would bring economic instability and currency vulnerability.

The Tory front bench - including David Cameron, Ken Clarke and George Osborne - have tried to drum up fears of a possible economic crisis if the Tories fail to get a majority.

blogs.birminghampost.net/business/2010/0...nt-isnt-somethi.html

you can bet the Murdoch lot will do everything they can to spread negativity about a balanced parliament in the coming days.

from the article you linked to:

The reality is that the markets seem pretty neutral today about the possibility of a balanced election outcome in which parties would work together. A hung parliament "could help rather than hinder the UK" according to the ratings agency Moody's, the rating agency for government debt.

article from Channel 4 News:

www.channel4.com/news/articles/vote_2010...ament+likely/3634602

If the economy was the only concern then this might be true, but there is much more to think about. Suppose the LibDems keep Labour in power and compromise their position on civil liberties in return for sharing that power. Or suppose the BNP, or even Esther Ranson, get a seat and their one vote is needed to secure a bill. MPs will be putting their interests first, even more than they do at present.

This is not a positive way forward. In a few idealistic dreams it might work, but in reality it will mean compromise and back handers, at the very least.

There is no such thing as total democracy. If that was the case then life would be one long referendum. Britain thrives under a stable government. If that government fails then it's not the fault of the system but of the idiots who keep that government in office.

Let's get our heads out of the economy bucket and consider the bigger picture.