Friday 15 December 2017

Marc Coleman: Further spending and debt won't solve this crisis

Properly planned austerity could provide a basis for sustainable growth, writes Marc Coleman

Perhaps the biggest lie in this referendum is the lie that says austerity doesn't work.

Like Christianity and capitalism, the trouble with austerity is that it has so rarely been properly tried. And yet last week David McWilliams, in urging us to vote 'No' on Thursday, described austerity (the fiscal compact treaty) as "Kamikaze economics".

Oh really?

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