Is Austerity self-defeating?

Prominent economists in the UK declare that 10 years of financial hardship should have been avoided with fiscal stimulation. Are they correct?

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SW-User

Yes, in a recession spend spend spend in nvestment
..counter intuitive I know...go UK!

Valentine · M

@SW-User spend wisely, of course...

SW-User

There the rub. I named my son after Churchill.@Valentine

Valentine · M

@SW-User ☺ He said: "When you're going through hell, [i]keep going[/i] ✌

SW-User

[image deleted]@Valentine

SW-User

@SW-User since when in the last recess has the UK government been doing that -spend? If I gathered anything over the last 10 years they have been reliving Thatcher's austerity just with a softer message.

SW-User

@SW-User no idea tbh