Wednesday 17 January 2018

No winners if austerity continues

* The fact that the economy is now officially back in recession vindicates those of us once referred to as economic illiterates.

We were labelled as ignorant of the genuine seriousness of the crisis in this country, or simply as some kind of hipster contrarians who were highlighting the demerits of austerity to get noticed or to just be difficult for political or ideological gain.

Trust me, there are no winners in the economic philosophy pursued by this and the previous government. I, for one, take no happiness in being vindicated for letters I had written and arguments I had engaged in.

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