Machiavelli
Well-known member
Yep, this. The Tories solution to improving the economy was to slash spending, naturally hitting hardest those who need it the most. When that caused the economy to threaten to dip into recession, they eased off and the economy slowly began to recover. At that point, Osborne was telling anyone who would listen that they were doing a good job.
As far as I'm concerned, this is rather like repeatedly punching yourself in the face, then stopping for 5 minutes before lauding the fact that your face doesn't hurt any more.
I don't care which party governs, but if you really are that worried about the levels of public spending (and personally, I'm not) then do it by increasing the taxation base - either by expanding the economy or closing some of the loopholes that need to be closed, or both.
You're not alone in using this metaphor. See:
http://www.theguardian.com/business...-austerity-labours-limp-response-paul-krugman