English: George Osborne MP, pictured speaking on the launch of the Conservative Party manifesto for the 2009 European Parliament elections, at Keele University. (805×1207 px, 283,711 bytes) (Photo credit: Wikipedia)

Definition of Sub-Saharan Africa, according to the United Nations institutions (Photo credit: Wikipedia)

This is a brilliant, MUST READ article from the Economist that compares the UK investment to Sub-Saharan Africa! It’s quite amazing really; check it out!

via Britain’s economy: Let’s try to catch up with Mali | The Economist.

For me, this article confirms my view that David Cameron and George Osborne remain smoke and mirrors leaders. The article sums up my own views, expressed frequently on this blog that the UK urgently needs aggressive fiscal policy:

The tax system could support growth in other ways. A truly ruthless chancellor would consider temporary tax relief on new investment. And the puny 10% tax break on R&D could be raised. Finally, government investment should be raised further and faster, even if this means trampling ring-fences around the NHS and foreign aid.

Any thoughts?

Related articles

• Dementia cure by 2020 can help save the NHS, says Hunt – Telegraph
• The rich get richer, the poor get poorer and the coalition plays silly burgers | Stewart Lee | The Observer
• New World Bank review shows poverty reduction in sub-Saharan Africa
• Exporting to China: Eastward march | The Economist
• George Osborne’s Spending Review was just another dose of the same
• Sub-Saharan Africa has a power problem
• Anger grows over marriage tax break as LibDems say PM and Osborne didn’t fight for it to be included in the Queen’s speech
• Why the West is wrong about Africa
• Coalition’s Austerity measures vs Labour
• GDN Releases Research Papers, Policy Briefs & Documentaries That Take a Fresh Look at Agricultural Policies in South Asia and Sub-Saharan Africa