Legalising drugs would help reduce the deficit
Legalising drugs reduce public spending, boost tax receipts, and lower addiction
deficit reduction
Public support for cuts down compared to last year
Public support for the government’s spending cuts has slumped in the past year, according to the latest Harris poll for the Financial Times, reports Claire French.
Knowles needs to listen more carefully to ‘hero’ Clinton on deficit reduction
Clinton is right on the effect on the potential impact on government spending – and the dangers of cutting too radically
Clinton: UK’s austerity budget could mean deficit will increase
Bill Clinton has warned that Britain’s spending cuts could end up raising the deficit. He is the highest profile critic yet of the coalition’s economic strategy.
IMF-convened economists say cuts are the wrong strategy
The international chorus of experts against sharp deficit reductions plans has grown stronger, as world-leading economists said that the US and EU economies remained too fragile to absorb major deficit cuts. The economists met at a private conference convened by the IMF to discuss “Macro and Growth Policies in the Wake of the Crisis”.
The UK’s “maxed out credit card” myth
Mark Anderson analyses the current financial situation and explains why devastating, savage Tory cuts are the last thing we need.
The Daily Mail are debt dunces
Michael Burke discusses how the coalition’s economic policies represent a transfer of income from poor to rich, and how the Daily Mail are deficit dunces.