New Yorker Magazine slams Osborne – says “austerity policies don’t work”

December 10, 2012 1:12 pm

Osborne might have avoided a total media thumping for his Autumn Statement last week (somehow), but his failure hasn’t gone unnoticed overseas, with the respected US magazine The New Yorker noting:

“With all the theatrics going on in Washington, you might well have missed the most important political and economic news of the week: an official confirmation from the United Kingdom that austerity policies don’t work.”

You can read the piece in full here.

  • Serbitar

    The British economy needs George Osborne like a fish needs a bicycle.

  • Cari_esky

    What they should also mention is how much Osbourne and co seem to love austerity and relish it and this is why they will not budge on their cherished ideology.
    The Conservatives were once known for their pragmatism, I can’t see them being known for this now.

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