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Guest432
Guest
Matthew
Yes there is no dispute that Krugman is a well respected economist, I do actually read some of his stuff.
However respected Chancellors such as Osborne and Mrs Merkel do not seem to follow his teachings and both of their economies are doing relatively well.
I must confess that I am at a total loss at your almost religious zeal in following him.
Also constantly stating that the austerity measures were a disaster is an exaggeration and has the effect of belittling your case. They are working as our excellent financial performance shows.
Food banks and welfare cuts are only a distraction, Osborne could in all fairness, spend more on welfare but slash other budgets which would make him a lot more popular. I sometimes think the welfare cuts are confused with austerity.
Regards
Mick - suffering from sore feet after delivering yet more leaflets through the doors of Swindon.
But we aren't having financial success, what you perceive as success is funded by stripping welfare and borrowing to fill the shortfall. Borrowing has increased massively and all so that Maceroon can bribe the middle classes.
Maggie did the same thing in the 80's by using north sea oil money to subsidise tax cuts when everyone else wisely invested it.