Austerity isn’t back. It never went away

15th December 2021 shoreditchadmin2 0

NEF analysis shows a fall in living standards for the lowest paid half of the population, and a big increase in incomes for the top 5% of earners. On this evidence, the point that austerity has never gone away is irrefutable. The government clearly has an interest in misleading the population on this point.

The Tories are attempting something even Thatcher and austerity could not achieve

12th November 2020 shoreditchadmin2 0

The government of an advanced industrialised country may choose to engineer a sharp rise in unemployment in an attempt to restore profitability, or it may choose to try to cut wages. But both stratagems entail high risk. Combining the two is exceptionally high risk. Under the cloak of the public health crisis which their own policies have helped to create, the current government is attempting such a strategy.