Britain Doubles Down On Failed Austerity Policies

Britain Doubles Down On Failed Austerity Policies: Though the United Kingdom’s decision to slash government spending and temporarily hike taxes in response to the Great Recession sent the country tumbling into a double-dip recession, the Conservative government announced on Wednesday that it would extend austerity measures for an extra year. Chancellor of the Exchequer George Osborne informed Parliament that the government planned [...]/p