Who will speak for Britain on the economy?
April 26th, 2012The news that Britain is now in the grip of a double-dip recession for the first time for 37 years and struggling with the slowest recovery from slump for 100 years is grim. What makes it intolerable is that there is an alternative way out staring us in the face, but no leaders in politics or business or finance have either the courage or the vision to demand it or promulgate it. Osborne is fanatically fixated on his endless and self-defeating austerity package, and Labour, while relishing the political throwback from a disastrous economic strategy, is still stuck on the mealy-mouthed mini-version that the government should cut less far, less fast. As a plan for avoiding the gathering collapse, that is a show-stopper. (more…)
