Sign In | Create an Account | Welcome, . My Account | Logout | Subscribe | Submit News | Vac Rental | E-Edition | Home RSS
 
 
 

Dead wrong

January 29, 2013 - Harry Eagar
Following up on the previous post, I find Guardian columnist Dean Baker writes:

" The news that the UK, with negative growth in the fourth quarter of 2012, faces the prospect of a triple-dip recession, should be the final blow to the intellectual credibility of deficit hawks. You just can't get more wrong than this flat-earth bunch of economic policy-makers."

What's really bizarre is that Britain tried austerity in the early '30s, and it was a thundering disaster then, too. It always is.

The only good thing to come out of the National government's budgets was Orwell's "The Spike," his report of wandering with the armies of jobless men in the late '30s.

 
 

Article Comments

No comments posted for this article.
 
 

Post a Comment

You must first login before you can comment.

*Your email address:
*Password:
Remember my email address.
or
 
 

 

I am looking for:
in:
News, Blogs & Events Web
 
 

Blog Links