deficit reduction
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.