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 big 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


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