OECD

UK economy can aborb higher taxes

The major parties seem to agree that public spending cuts will have to bear the brunt of the effort to reduce the deficit because higher taxes would be worse for the economy than spending cuts. This consensus is based on a view that countries with higher taxes perform less well than countries with lower taxes. In fact, the long-run evidence to support this claim is flimsy.

Tony Dolphin ·

Job–lite recovery means Britain needs new industries

Despite yesterday’s "bleak employment outlook" the major political parties and British media continue to promote solutions which will do little to alleviate long term unemployment. The Government should prioritise long-term employment through investing in new industries combating environmental problems and increasing community development.

Guest ·

Conservative research shows there’s no debt crisis

David Cameron mentioned the phrase "debt crisis" eight times in his speech yesterday. On Sunday, speaking on the Andrew Marr show, George Osborne said, "the difference between Britain and countries like France and Germany is that we have an absolutely enormous budget deficit." But research used by the Conservative Party show that Britain's debt position is far from in crisis despite their claims.

Will Straw ·
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