Monday Monday

New Statesman – The Tories have declared class war

I keep asking which economists agree that it is sensible to cut public spending in the depths of this recession. Not a politician, but someone who actually has a background and training – and probably even a doctorate – in economics. Perhaps even a distinguished professor or two. The Nobel Prize-winners Paul Krugman and Joseph Stiglitz apparently agree that it is a dumb idea.

There’s a small island just to the west, sir. You might be familiar with it. Full of bogs.

But the rules don’t apply to Ireland, since ‘charm, culture, energy and engagement have always been part of who we are, but so too have ambition, determination and achievement’ and ‘working for each other and as a nation we can rebuild our country’, as the Newstalk editorial puts it, are more than enough to compensate for all the other stuff.

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