Leading economists say the government lacks a credible plan to cut Britain’s budget deficit and that action to reduce the country’s borrowing should start immediately after the election. In an endorsement of the Conservatives’ position and an attack on Labour — although the economists insist they are non-partisan — they warn that a failure to act could trigger a loss of confidence that could push up interest rates, undermine the pound and threaten the recovery.
Tories right on cuts, say economists - Times Online
Hmmm, funny that. Bridget Rosewell is a former advisor to Ken Clarke; Roger Bootle a Conservative peer; Anne Sibert former member of the Conservative Party's Commission on the Independence of the Bank of England; Thomas Sargent, a friend of John Redwood and known for his extreme free-market views (i.e. criticising Obama's stimulus package); Ken Rogoff, cited in George Osborne's speech to Conservative Conference; David Newbery, the former Deputy Chairman of the Conservative Party; John Muellbauer, the current economic advisor to the Conservative Party; Sir John Vickers, former conservative politician and on and on and on.
These 'economists' are certainly not impartial, that is, no more impartial than the economists that Labour consults to support their policies. So, please, stop touting these people as though they offer an entirely objective analysis. They all have an agenda; and in this case it is Tory spin.
The Times they are a-changin'? No, still the same old shit.