British Test Case
from Peter Radford
For those austerity advocates amongst you: may I draw your attention to the plight of the British economy?
Its’ headed down again. There’s a distinct possibility that it will enter recession. Make that a third recession. A rare triple dipper. The prolonged slump pervading Britain has now lasted longer than the Great Depression. It is taking an enormous toll. It is steadily eroding the future potential of the economy.
And it is entirely a manmade problem.
Manmade as in Conservative party made..
The British government, for ideological reasons, decided to trash the British economy, It is doing a fine job. So good is its effort that it surely would be eligible for some prize, were prizes given for most asinine, antisocial, deliberately destructive, and all round stupid economic policy.
You see the good old Conservatives, with an able assist from their Liberal-Democrat partners in crime, decided to ignore every single lesson of the Great Depression. The entire lot. It’s as if the 1930′s never happened. And especially no Keynes.
Instead they decided to replicate with enormous attention to detail every single policy error that led to the disaster of the 1930′s, and then add a few new twists of their own.
The point being that cutting government spending right at a time when private spending has also collapsed is a well known, highly documented, and historically faithful recipe for economic calamity. Those who go down such a path are clearly sociopathic. They are deluded. They are mean spirited, nasty, and ignorant. They double down on trauma whilst arguing they are curing the original disease.
The only explanation for inflicting such deliberate harm on your fellow citizens is that you are bat-bleep crazy. Or manifestly stupid. Or both.
Anyway: be warned austerity folk. We have a contemporary example of the consequences of your policies.
An example of their bankrupt rot.