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Extreme austerity a political choice not economic necessity (UK)
has lots of papers on // "Extreme austerity a political choice not economic necessity." (UK) // "We are all in this together." Conservatives and LibDems >> &! http://www.theguardian.com/politics/2015/may/05/uk-living-standards-fell-for-all-but-the-richest-under-coalition-analysis &! http://www.theguardian.com/news/datablog/2012/may/22/social-mobility-data-charts &! http://www.bbc.co.uk/news/education-24566926 //
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may 2015 by asterisk2a
Britain needs a real manifesto for growth | Business | The Guardian
There is a chronic shortage of supply in transport, energy and housing. Roads, rails and airports are clogged; we are in danger of the lights going out due to low electricity capacity and pathetic rates of house building have generated stratospheric prices. Building infrastructure produces permanent economic gain, but provokes temporary political pain. Nimbies object to disruption and we have been reluctant to compensate them properly. So it’s no surprise that people use the archaic planning system to block and delay investment projects. Politicians find it easier to prevaricate and reverse their predecessors’ decisions and set up ad hoc celebrity reviews (e.g. the coalition’s bottling out of Heathrow expansion). When the time comes for spending cuts, investment is first on the chopping block because the economic bruises only come out years later. Political short-termism is mirrored by corporate myopia which holds back innovation. There remains a lack of competition in banking. ...
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may 2015 by asterisk2a

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