Comments by "Greg Greg" (@SlowhandGreg) on "James O'Brien vs David Cameron loyalist | LBC debate" video.

  1. I thought Cameron would be OK and that the Tories had drifted to the centre that illusion last about 5 seconds when Osborne put up VAT
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  2. Austerity actually shrank and is shrinking the economy by more than was saved by the cuts Each tax and spend action by a government has an economic multiplier, the OBR calculated it for Austerity at 0.5 (for every £ saved you only really save +50p due to economic contraction) Real world data showed back in 2013 that the actual multiplier for Austerity was 1.6 (for every £ saved it cost -60p so you were actually contracting the economy more than was being saved in cuts by making the cuts)
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