8 Oct 2009

We don't need cuts, we need investment

Fabulous article in the Indy today on the ridiculous competition of the main parties to cut, cut, cut.

...When I read [Cameron and Osborne's] statements to Krugman – the Nobel Prize-winning expert on depressions – he said he was "shocked." I asked if this approach would make the recession worse, and he said: "Yes. For sure."

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