The austerity delusion | Paul Krugman | Business | The Guardian


A long read, with economics related stuff in it, but worth working through.

Short, angry version- austerity is bullshit and held back economic recovery. The Conservatives are either economically illiterate or only imposed it because of pressure from┬ábig business and their rich friends. And Labour are a bunch of pathetic cowards because they’ve been bullied into promising to stick with a failed policy.

Source: The austerity delusion | Paul Krugman | Business | The Guardian