Who Needs the Cuts?
Who Needs the Cuts?
The Coalition Government in the UK, like other governments, is embarking on an unprecedented round of spending cuts. Talk of deficits, and the National Debt, and Quantitative Easing, and other economic terminology is presented to the public as evidence that there is a vital need for some of the most drastic cuts the West has faced.
But according to author, Barry Kushner, there is an alternative story that is not being told. There is an explanation of the economic events of the past five years that does not describe the UK in debt crisis. It offers choice, differences of opinion, uncertainty, and hope. It takes us on a different voyage beyond economics into politics and visions of society, our expectations and ambitions. It is an alternative story that prompted an American Nobel prizewinning economist to write “’Jobs now, deficits later’ was and is the right strategy. Unfortunately, it’s a strategy that halter Hadwens been abandoned in the face of phantom risks and delusional hopes.”