Inclusive prosperity must mean pain for the 1 per cent. But no politician is brave enough
The interests of the banker and his cleaner are worlds apart
The interests of the banker and his cleaner are worlds apart
The economic recovery is due to a “combination of the depth of the hole it found itself in, the moderation in the trend toward deeper and deeper austerity and the effects of possibly bubble-creating government loans”, according to former United States secretary of the treasury Larry Summers.
We should welcome Larry Summers showing how incoherent this chancellor’s economic policy really is.
Larry Summers nails austerity on Newsnight