Tag Archives: doubledip

Watch out, George Osborne: Smith, Marx and even the IMF are after you

When even the IMF’s free market ideologues recoil from the UK chancellor’s austerity politics, democracy itself is at stake George Osborne and his Treasury officials are gearing up for a fight. They’ve promised to make life difficult for the other … Continue reading

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Ripped-off Britons: Is the UK national debt at a historical high?

Actually it’s lower than it has been for most of the last 300 years. In the Autumn Statement of 2012 the chancellor???s idea of ???more Austerity??? was not much of a surprise. To prove “we are all in it together” Osborne cut benefits for the poor and d… Continue reading

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Britain’s economy cannot be revived with Osborne’s phantom billions – Will Hutton

It is hard to decide which is more worrying ??? the desperate economic conditions through which we are living, or the poverty of imaginative thinking about what to do. The current consensus is that it will only be in 2014 that Britain’s output wil… Continue reading

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Finally! Exposed! The Deficit Myth! – Ramesh Patel, HuffPost

“A lie gets halfway around the world before the truth has a chance to get its pants on” – Winston Churchill As a Conservative I have no pleasure in exposing David Cameron’s deficit claims. However, as long as the party continues to talk down the e… Continue reading

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Charts that tell the tale of stagnation Britain

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A million working adults face benefits cuts next year

Nearly 1.2 million people may be sanctioned if they do not obtain extra work, increase their hours or find a higher paying job Nearly 1.2 million working adults will for the first time next year face losing some of their benefits if they do not co… Continue reading

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Credit crunch: from boom to bust – How the world’s economy plunged into recession

9 August 2007 BNP Paribas freeze three of their funds, indicating that they have no way of valuing the complex assets inside them known as collateralised debt obligations (CDOs), or packages of sub-prime loans. It is the first major bank to acknow… Continue reading

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