Tag Archives: save the deficit

Labour need to decide whether their “Save the Deficit” campaign should continue

There are two different economic debates to be had with Labour politicians these days.

One of them is a sensible debate about how fast, and how far, cuts should go. Alistair Darling, just a few months ago, told us that Labour wanted to cut deeper and longer than Thatcher did in the 1980s, with talk of a 25% cut in public spending over seven years and hefty tax rises.

The Coalition Government takes the view that the pain of cuts should be slightly shorter and sharper than Labour had planned – still 25%, but spread over five years rather than …

Posted in Op-eds | Also tagged | 44 Comments
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Recent Comments

  • Matt (Bristol)
    This article is arguing for a version of kindness that is as idelogically charged and specified as a socialist party's notion of justice. It's nice to be nic...
  • Simon Robinson
    This is a very good article in terms of highlighting the dilemma facing any chancellor. There are few good ways to raise money, and endless demands to spend mor...
  • Tony Vickers
    I had expected Sir Vince to mention Land Value Tax as Honorary President of ALTER. Especially because the PM is a fan of the idea and there’s no “red line�...
  • David Blake
    I agree with much of what Richard Cripps says - and I've been a member for 54 years. If I wasn't already a member I'm not sure that what the party has become w...
  • Richard Dickson
    Thanks for this. Kindness - to people, businesses, whole communities, our environment and to nature, to our past, present and future - requires us also to be br...