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Anti-cuts Protest Is Evidence Of The Stupidity Of Crowds

DID you see the anti-cuts march – when the State workers were marshaled through central London by the police – yep, those other State workers – in a protest to keep their jobs gold-plated and their noses in the trough?

AS the public sectariat go on the march to protect their grip on our wallets, Liam Halligan, chief economist at Prosperity Capital Management, asks a few questions, writes Richard North:

Why aren’t Osborne and Co. explaining these catastrophic realities [of our debt serving costs] and their impact on our medium-term ability to maintain our public services, using them to rally support for austerity measures that are long overdue? Why aren’t such stark facts thrown back into the face of those who claim that the Tories’ retrenchment plans are “driven by ideology rather than necessity”?

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Posted: 27th, March 2011 | In: Politicians | Comment (1)