British Spending Cuts a Myth

British Spending Cuts a Myth

Another week and another slew of hair-raising stories about the devastating effects of draconian cuts. The Government is reported to be considering a further round of reductions in welfare payments. The elderly and disabled are said to face savage cutbacks in their support. Everywhere the story is the same. The extreme severity of the Coalition’s supposed cuts is accepted as universally and uncritically as are the laws of gravity. Most of the media and almost all politicians regard them as a fact of life. The Labour leader Ed Miliband claims that ‘cutting too fast and too far’ is responsible for the ‘double-dip’ recession while a permanently angry Ed Balls, the Shadow Chancellor, talks of ‘a recession made in Downing Street’.

Read Full Article »
Comment
Show commentsHide Comments

Related Articles