The Acute Deficit Phobia – Malady Spreads

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Acute Deficit Phobia: The Malady Spreads John Weeks, originally published  on Piera Since the election in May 2010 that brought the Tory-led coalition to government not one major political figure in England has publicly disagreed with the austerity doctrine, that … Continue reading

The Deficit Narrative – Understanding and Reframing : Richard J Murphy

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The deficit narrative: understanding is the key to successfully reframing it From Richard J Murphy of Tax Research UK I have argued for longer than I probably care to remember that the last thing we need in our economy right … Continue reading

Austerity is a Political Choice not Economic Necessity

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zaBy Prue Plumridge Last week Matthew Lyn (a columnist for Bloomberg) wrote in an article published in Money Week that, “the policies on offer under Corbynomics would quickly ruin the economy”. This was followed shortly afterwards with another written by no less … Continue reading

Who says we can’t afford the NHS or Social Security?

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By Prue Plumridge Yesterday in Parliament, we witnessed a shameful spectacle when only 48 Labour MPs voted against the Welfare Bill.  The extreme centre, as Tariq Ali referred to it in his book ‘The Extreme Centre: A Warning’, once again failed to … Continue reading

Let’s have Tony Benn’s Democratic Revolution. Now.

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Let’s have Tony Benn’s Democratic Revolution. Now. From @Earwiggle The  most revolutionary idea is democracy. If you have power, you use it to meet the needs of your community. As Tony Benn explains here  “People who are poor, demoralised and frightened are … Continue reading

Osborne and Cameron’s Big Deficit Myth

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At times, like Thursday’s release of the latest GDP figures, I begin to wonder whether I’ve really lost the plot.  The news headlines and reading the mainstream media financial sections just do not make any sense… they seem to take … Continue reading