Before you listen to advice from Sadiq Kahn and Blairites read this analysis from Paul Krugman on Labour, prior to GE 2015
By Alan Maddison
The Austerity Delusion : The case for cuts was a lie. Why does Britain still believe it?’
By Paul Krugman, The Guardian 29th April 2015
Here are some selected quotes from this nobel award-winning economist ;
“All of the economic research that allegedly supported the austerity push has been discredited. More austere countries have a lower rate of GDP growth.
Conservatives like to use the alleged dangers of debt and deficits as clubs with which to beat the welfare state and justify cuts in benefits.
Britain’s opposition has been amazingly willing to accept claims that budget deficits are the biggest economic issue facing the nation, and has made hardly any effort to challenge the extremely dubious proposition that fiscal policy under Blair and…
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