Brilliantly reasoned piece by Vox Political on the idiocy of George Osborne’s economic idiocy. We need more of this kind of bold, radical thinking to challenge all the too-easily accepted tropes about debt, lack of cash, the need to ‘tighten our belts’ that are trotted out as fact on every news and politics show when austerity is mentioned.
It’s quite long but very worth the read. If you still have time and appetite afterward, I’d recommend reading it in conjunction with this: http://skwawkbox.org/2012/05/22/economic-recovery-its-all-about-demand-stupid-43/
i HAVE BEEN SAYING THIS FOR LAST TWO -THREE YRS WHERE YOU BEEN STEVE
For 2-3 years? lol – getting up to speed. But this is Mike’s work, not mine (although I agree with it wholeheartedly!)
The old adage ‘money makes the world go round’, not so daft after all…