Thursday May 07, 2009
How to mend a broken Britain
Irwin Stelzer
New Statesman
Neither of the major parties has a credible plan for limiting the damage caused by borrow-spend-and-tax economics. So what is to be done?
The question no longer is whether Britain is broke: it is. Or whether the financial plan laid out by the Chancellor is disastrous: it is. Or whether the spending binge on which the government is engaged is sustainable: it isn’t.
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