Conservative Party (UK) (Photo credit: Wikipedia)
This blog by leading Oxford economist, Simon Wren-Lewis is well worth a read. Check it out!
via mainly macro: The OBR confirm the dangers of Osborne’s gamble – Simon Wren-Lewis.
What caught my attention was the return to austerity at post WWII levels.
In short, the Conservatives are only 40% through their cuts to the public sector.
Let me turn to an open question:
How will UK public services survive the proposed additional austerity?
Thoughts?
English: Mortgage debt (Photo credit: Wikipedia)
This important article by the FT cites latest evidence by the Resolution Foundation, a think-tank specializing in housing finance. This is a MUST READ. Check it out!
via Mortgage debt threatens overstretched UK households – FT.com.
Government statistics do not identify off balance-sheet government guarantees of home-loans, nor do they recognize consumer risk levels. In short, much of David Cameron’s government policies seem to be based on smoke and mirrors, rather than evidence-based policy.
Isn’t it about time that the mainstream media started to take a hard look at the the risks from Cameron’s policies?
Any thoughts?
Dr Alf's Blog 