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Our ballooning national debt – is City AM the only paper worth reading?

This morning in City A.M., Editor Allister Heath writes once again about the lamentable failure of the political and media class properly to inform the public debate on our country’s finances. Referring to a poll asking whether the Coalition is cutting the national debt, keeping it the same or increasing it: These same questions were first asked at the beginning of the year by ComRes, last time on behalf of the Centre for Policy Studies. Depressingly, the public’s economic literacy […]

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A massive failure of journalism is being corrected

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Via It’s austerity all right – but not of the kind we actually need, City A.M.’s Allister Heath makes his case: It has long been a theme of this column that the government and its critics alike have exaggerated the extent of the government’s belt-tightening. The coalition is doing this to try and reassure the bond markets while seeking to minimise the hit to the public sector; the opposition because it wants to blame the recession on “the cuts.” But […]

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