Growth cut the 2010-11 deficit as fast as cuts
George Osborne’s strategy was 75% cuts and 25% taxes, but he forgot to add in growth; growth last year cut the deficit as much as cuts.
Growth
Without growth will we even halve the deficit?
The IMF downgrades to UK growth today is awful news for those who are hoping to cut the deficit, explains Left Foot Forward’s Cormac Hollingsworth.
The Lib Dems shouldn’t listen to Osborne’s dribble, they should switch to Plan B now
More gloom on the economy today: The IMF have downgraded UK growth by 0.6 per cent to 1.1 per cent in 2011, and from 2.3 per cent to 1.6 per cent for 2012.
IMF: Cutting the deficit too fast causes higher unemployment
The IMF have published the results of a study of previous episodes of deficit reduction in advanced economies, concluding cutting too quick increases unemployment.
As conference season approaches, economic reality begins to dawn for coalition
With party conference season around the corner, the reality that the economy may not grow as planned is beginning to dawn for the coalition parties.
Vindicated Balls gives absent Osborne an economics lesson
Small wonder George Osborne chose to hide last night rather than be grilled on Newsnight following yesterday’s disastrous unemployment figures, writes Shamik Das.
Will Osborne alter course? And how should Labour respond?
With George Osborne’s policies in disarray, Ed Miliband needs to now step in, present a different explanation and, most importantly, come up with a credible Plan B.
TUC: We need to build a campaign to make the case for the alternative
TUC General Secretary Brendan Barber looks at the challenges for the TUC Congress in building a campaign making the case for a thorough-going economic alternative.
OECD prediction rocks Osborne’s deficit reduction hopes
Osborne has gutted the UK economy, making it increasingly difficult to reduce the deficit, reports Ben Fox.
Obama mocks the mad Right and makes the case for the State
President Obama invoked the heroes of the past and delivered a passionate defence of State investment in his Jobs Act speech overnight, reports Shamik Das.