Somehow,the Tories convinced us that relentless belt-tightening was the only way forward. But this election has sounded the death knell (the solemn sound of a bell, often indicating a death) for debilitating cutsAusterity has been failing as an economic thought for years. The result of the general election shows that it has now failed politically as well. Deficit reduction continues, but will no longer dominate the agenda. Theresa May’s failed gamble marks the end of a seven-year experiment. Related: A five-point plan to bring approximately a Labour victory – and soon | Paul Mason Related: Young people voted because Labour didn’t sneer at them. It’s that simple | Maya Goodfellow Continue reading...
Source: theguardian.com