Campaign action: Tell Darling and Osborne not to risk the recovery
In the FT today, over 60 senior economists have written to demand that Alistair Darling and George Osborne refrain from making premature cuts to public spending. We agree with them that the deficit should be financed until the economy is more stable and that if spending cuts are made at this point, the UK could spiral into a disastrous ‘double-dip’ recession.
We’re backing a campaign, Don’t Risk the Recovery, along with 38 Degrees, the Fabian Society, Left Foot Forward and IPPR. You can help by taking action now at the 38 Degrees site. They have an urgent petition to Darling and Osborne, asking them not to play short-term electoral politics and gamble the recovery we need so badly.
Please take a minute to sign the petition now, and tell your friends about it.