[lbo-talk] Britain´s failed experiment?

[James Heartfield]

The Spectator says that the NYT’s account of UK austerity (cited here last week) is not true, that Britain’s spending cuts are lower than America’s and that the country has a lot of debt. http://www.spectator.co.uk/coffeehouse/7453963/the-new-york-times-austerity-myth.thtml It is a right-wing perspective, but I think it is probably true on the detail. There are cuts and local authorities are in a lot of difficulty, but as yet this is no Thatcherite assault on the public sector.