BBCNEWS Outside Source June 4, 2024 19:34:00
No—one was talking about cuts to public spending two months ago. and no other advanced economy is cutting spending, or increasing taxes on working people, as they head into recession. this government has forced our economy into a doom loop, where low growth leads to higher taxes, lower investments and squeezed wages, with the running down of public services. many interpret the government measures as a return to the policies of a decade ago. labour mp clive betts says, "this is austerity mark 2, and the prospect of financial collapse for many councils up and down the country". and gary smith,...