After seven years of pain, the austerity experiment is over | Larry Elliott
by Larry Elliott from on (#2SD9E)
Somehow, the Tories convinced us that relentless belt-tightening was the only way forward. But this election has sounded the death knell for debilitating cuts
Austerity has been failing as an economic idea for years. The result of the general election shows that it has now failed politically as well. Deficit reduction continues, but will no longer dominate the agenda. Theresa May's failed gamble marks the end of a seven-year experiment.
Related: A five-point plan to bring about a Labour victory - and soon | Paul Mason
Related: Young people voted because Labour didn't sneer at them. It's that simple | Maya Goodfellow
Continue reading...