Who is going to speak for Britain?
June 11th, 2010There is an extraordinary silence about the really big issues now facing Britain. We are arguably on the cusp of the biggest downturn for a generation as all the sources of growth dry up. The expansionary momentum from ultra-low interest rates and £200bn quantitative easing is clearly wearing off, export markets are flat or falling, and now Cameron warns us we face the most drastic spending cuts which will change the way of life of the entire population and lead (according to the CIPD) to 750,000 public sector jobs destroyed and unemployment pushed up to 3 million for 5 years. So where’s the anguished debate about this fast-approaching Armageddon and the search for alternative policies to avoid it (which there are)? (more…)
