Post Tagged with: "Incompetence"

NY Times, 2002: Paul Krugman calls for the housing bubble

Mad science: The basic point is that the recession of 2001 wasn’t a typical postwar slump, brought on when an inflation-fighting Fed raises interest rates and easily ended by a snapback in housing and consumer spending when the Fed brings rates back down again. This was a prewar-style recession, a […]

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BBC NEWS | Health | NHS ‘faces huge budget shortfall’

New Labour’s Andy Burnham appears to be referring to a different NHS from the one that concerns the NHS Confederation: The health service will face the most severe and sustained financial shortfall in its history after 2011, a report by NHS managers warns. The NHS Confederation report says the health […]

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Ruth Lea: Gordon Brown never was fit for Number 10

Doubtless politics has always had its dark side. But the depths to which it has sunk over the last 12 years under New Labour has been unprecedented in this country. Of all the legacies left by this Government the poisoning of political discourse is surely the worst. Gordon Brown, foul-tempered […]

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UK ‘needs emergency Budget’ – Telegraph

The Policy Exchange has advised the next government that it must be prepared to make radical and immediate cuts to spending plans or face a serious risk of a full-scale sovereign debt crisis. In a new paper, it has also shown that only a third of the impending surge in […]

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