THE UK’S BUDGET DEFICIT IS RISING NOT FALLING

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Re-posted from  Socialist Economic Bulletin   By Michael Burke The latest public sector borrowing data shows that the UK budget deficit* is widening once more. Indeed despite a series of accounting adjustments which obscure the true picture, it is clear that … Continue reading

Neil Barofsky: How Washington Saved Wall Street and Abandoned Main Street

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Fascinating (and not in a good way) insight into the priorities of the US treasury.  The mindset according to Neil Barofsky was entirely focused on saving the banks and not at all on the ‘little people’. The government’s special inspector … Continue reading