Tag Archives: fiscal multiplier

5 points on Clegg’s admission that Coalition was wrong to cut capital spending

Nick Clegg in DublinNick Clegg has sparked a flurry of excitement with his admission in an interview for The House magazine that the Coalition cut capital spending ‘too far, too fast’ to coin a phrase. Here’s what he said to Paul Waugh and Sam Macrory:

“If I’m going to be sort of self-critical, there was this reduction in capital spending when we came into the Coalition Government. I think we comforted ourselves at the time that it was actually no more than what Alistair Darling spelt out

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  • User AvatarAndy Cooke 23rd Jun - 9:40pm
    Peter Brand - I fully agree that we mustn't go into Coalition with any party right now, in the aftermath of Election 2017. We explicitly...
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    Thanks for so many supportive comments
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    @Andy Cooke Thanks! Do write it anyway. While a fair few read these comments, far more read the articles. And what you have to say...
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    Simpson, I think if we have learned any lesson it is that policies from the extreme wing of the Tory Party are not popular in...
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    Holly: Immigrants make up 13% of the population according to the 2011 census. It doesn't matter where they come from. What matters is our population...
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    Ah Ok Holly - fair do's - didn't know that You obviously are an expert here and extremely passionate - just been reading your last...
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