Web links for 28th May 2010
Brendan has a piece in today's New Statesman, arguing that public spending cuts are coming far too early: "The big prize is to secure wider European co-operation on this crisis. If EU leaders could find the courage to unveil a co-ordinated package with the goal of restimulating the European economy, while also addressing the trade imbalances that have caused so much of this difficulty, then we might avoid the really dark days ahead. … In an ideal world, the British government would be leading this more sensible approach. In reality, it is now determined to make the push in entirely the opposite direction. This means there is a now a heavy burden of obligation on the Labour Party, the unions and wider civil society, along with like-minded organisations across Europe, to do everything in their power to halt the headlong rush into needless austerity."