Bill Mitchell — We will soon see just how ‘pragmatic’ Sunak really is

At present, Britain is still in the throes of a global pandemic that has devastated the nation. Last week, at Brighton, the key economic spokespersons for the TLP or the Tory-lite Party (short form, British Labour Party) told the voters of Britain why they should remain in opposition. They were sterling performances by the leader and shadow chancellor. Clarifying for all, the fact that the Party hasn’t learned much at all about their recent history. A history that has seen them lose 4 national elections in a row and in the face of one of the worst British governments in history (and that is really saying something), the TLP’s electoral fortunes continue to wallow in loss-making percentiles. Then we had the Tory version outlined by the actual chancellor on Monday. Taking advantage of the political space the TLP has given them to reinstate all the religious nonsense about the immorality of public debt and the rest of the stuff that cultists (mainstream economists) dish u…..

Bill Mitchell – billy blog
We will soon see just how ‘pragmatic’ Sunak really is
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia