[lbo-talk] Britain´s failed experiment?

James Heartfield Heartfield at blueyonder.co.uk
Fri Dec 9 00:52:59 PST 2011

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.

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