Just in case you feel my constant rants against austerity are the ramblings of a deluded person, here are a couple of references. The first – those revolutionaries at the Financial Times reporting what those Trotskyite wild men at the International Monetary Fund are advising – shows that public investment would actually pay for itself. The second – written by economist Ben Chu, and published in that icon of ultra-leftism the London Evening Standard – shows how there is no urgency at all to make further cuts in the public budget.
Which makes one ask – what the hell is the Labour Party doing, trying to play Osborne Lite rather than challenging the coalition’s cruel economic illiteracy ?
Grumpy Wisdom 