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Tuesday, November 22, 2011

''Austerity for 10 years as no 'quick fix' for Britain, Reform warns''

from the telegraph.....


"Painting a bleak picture for the recovery, Reform said that "slow growth is inevitable given the levels of debt in the economy". It added: "Even under the best economic scenario, the programme of austerity should be at least a 10-year project with the first parliamentary term achieving deficit reduction and the second consolidating the gains."
Declaring "austerity is the new normal", the think-tank stressed that the Government "must avoid the temptations of quick fixes and inconsistency" if it is to attract the business investment that will drag the country back to health"............READ MORE

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