Author Archives: John Fraser

John Fraser

Opinion: deficit reduction or political dogma?

By John Fraser | Thu 21st October 2010 - 1:14 pm

The effect of the ‘savage’ cuts as Nick Clegg called them last September are gradually becoming apparent over the course of the week. What both parts of the coalition insist is that these cuts are about deficit reduction and not a deliberate effort to roll back the state. There is a major aspect to these cuts however which are making this very difficult to believe.

If cuts were purely to balance the books, and the economic forecasts of the coalition were correct, there would come a time possibly during a hypothetical second parliament when some of the cuts could …

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