Wednesday, December 05, 2012

It's Not Working, So We'll Do More Of It

The problems we have are not inevitable. We are ruled by the worst fucking people on the planet.

LONDON — Britain is facing an additional year of austerity after the government said Wednesday it missed one of its self-imposed debt reduction targets because the economic recovery was weaker than expected.

George Osborne, the Chancellor of the exchequer, said it would take four years instead of three for Britain to start reducing its debt as a share of national income.

Contractionary policy is contractionary. Shrinking our way to prosperity!