Decimation of public spending will lead to double recession‏

‘Mad axeman Osborne is about to push Britain into second depression’ is the Sunday Mirror headline on an article by professor Danny Blanchflower.

The economics expert castigates Osborne’s plans to decimate public spending and predicts a massive rise in employment particularly affecting young workers ‘over the last year, for example two thirds of all jobs lost were held by people under 25. A hiring freeze in the public sector will especially hurt the young.’

http://www.mirror.co.uk/news/top-stories/2010/06/13/mad-axeman-osborne-is-about-to-push-britain-into-second-depression-115875-22329798/