Journamalism: I have decided that life is too short to read Chris Patten ever again:
Chris Patten: Britain’s Make-or-Break Election: ‘To be sure, Cameron inherited a mountain of economic problems from his Labour predecessors, unlike the stable economy that Tony Blair’s <project-syndicate.org/c… Labour inherited from John Major’s <project-syndicate.org/c… Conservative government in 1997. But while public spending needed to be reined in to reduce the debt incurred during the 2008 financial crisis… <
Cameron inherited an economy with problems—and immediately set about making all of them worse. And not least among his failings was a failure to do the arithmetic and understand that in the conditions of 2010 to 2020 it was not contractionary but expansionary fiscal policy that reduced the debt burden.