UNISONActive is an unofficial blog produced by UNISON activists for UNISON activists. Bringing news, briefings and events from a progressive left perspective.

Saturday, 10 September 2011

Con Dem economic policy is clueless - TUC

#TUC11 ‘The problem is that the government has not just produced the wrong answer, they don’t even understand the question. Our economic problems lie in the collapse of an economic model that started in the 1980s and ended with the collapse of Lehman Brothers in 2008.

Its central flaw was that it encouraged the rich to get richer, while those in the middle and bottom had their living standards held back. Instead they were sold credit. The result was not sustainable economic growth, but what has now been cruelly exposed as a huge debt bubble,’ says TUC General Secretary Brendan Barber in a pre-Congress analysis of the Con Dem’s ruinous economic policies: