UK Politics
General Discussion for politics in the UK.
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!ukpolitics@lemm.ee appears to have vanished! We can still see cached content from this link, but goodbye I guess! :'(
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It’s broadly accepted that austerity is the primary cause of stagnation.
Krugman, Stiglitz, Chang, Piketty etc etc have all explained how cutting welfare weakens demand, which in turn prolongs a period of stagnation.
The time to cut welfare, if you have a hard on for hurting the poor, is when the economy is booming.
Cutting benefits is not austerity.
You have the whole internet, like, right here. It's really easy to actually look up the definition.
Yes, there's a whole internet. You can start by reading a Wikipedia article to learn the meaning of the word https://en.m.wikipedia.org/wiki/Austerity
Thanks, seems like you skimmed over the very first sentence.