Cuts: Biggest policy mistake in 100 years says expert

A former member of the Bank of England Monetary Policy Committee - and one of the few people to actually predict the crash - slams pubic sector cuts and says he holds the Coalition "responsible for this inept action – for the greatest macroeconomic mistake in 100 years”. Interview with David Blanchflower in today's Herald newspaper. http://www.heraldscotland.com/news/home-news/when-the-axe-falls-just-how-much-will-it-hurt-1.1056167