Quote Originally Posted by Pokster View Post
Not as clear cut as that sounds... Osbourne has said there is now no chance of being in surplus by 2020 and with the lower growth forecast austerity isn't worth it
Not sure I buy that tbh. We've had low growth all along - arguably because of austerity. I must admit that I was agnostic about austerity from the outset, and reluctantly prepared to give the idea the benefit of the doubt as a drastic response to the 07 crash, but we just been bumping along the bottom. Perhaps austerity hasn't worked. It certainly hasn't been popular.