If the economic outlook continues to worsen, George Osborne will have to relax the pace of deficit reduction and take measures to increase demand in the economy
Dolphin, T.
(2011).
If the economic outlook continues to worsen, George Osborne will have to relax the pace of deficit reduction and take measures to increase demand in the economy.
Yesterday saw the Chancellor’s autumn statement. Tony Dolphin argues that the measures announced in this ‘mini-budget’ are not a real plan for growth. If increased demand is not generated – and only the government is in a position to do this – then unemployment and public sector borrowing will continue to rise in excess of previous predictions.
| Item Type | Online resource |
|---|---|
| Copyright holders | © 2011 The authors |
| Departments | LSE |
| Date Deposited | 06 Dec 2011 |
| URI | https://researchonline.lse.ac.uk/id/eprint/39915 |