The rise in unemployment, the attack on pay and conditions represent a qualitative sharpening of the ruling class offensive that began in the 1980s. The latest policies are not an aberration, mysteriously afflicting all the major capitalist powers simultaneously. They are a deepening of previous attacks.
Within the group of advanced industrialised countries, the UK economy is set to be one of the most badly hit by the crisis. This relatively worse performance is entirely due to entirely policy choices.