Thursday, October 21, 2010

A colder, crueller country – for no gain


Cameron has revealed that his baby sleeps in a cardboard box decorated by her big sister. Thanks to him, a lot more people are going to be sleeping in cardboard boxes

By Johann Hari
The Independent

"Margaret Thatcher is lying sick in a private hospital bed in Belgravia but her political children have just pushed her agenda further and harder and deeper than she ever dreamed of. When was the last time Britain's public spending was slashed by more than 20 per cent? Not in my mother's lifetime. Not even in my grandmother's lifetime. No, it was in 1918, when a Conservative-Liberal coalition said the best response to a global economic crisis was to rapidly pay off this country's debts. The result? Unemployment soared from 6 per cent to 19 per cent, and the country's economy collapsed so severely that they lost all ability to pay their bills and the debt actually rose from 114 per cent to 180 per cent. "History doesn't repeat itself," Mark Twain said, "but it does rhyme."......"

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