Surrendering to neo-liberal ‘fiscal discipline’

Keith Ewing suggests that Scottish independence may come sooner than the high-speed rail link, partly because of ‘Labour’s extraordinary proposal to give quasi-constitutional status to Austerity.’ Unfortunately, Labour is not alone in this as the SNP manifesto betrays. (UK Constitutional Law Association)

He is right that the proposed ‘Budget Responsibility Lock’ – at least without a miraculous and spontaneous economic recovery – would effectively make some level of austerity legally compulsory, if it could be made to work at all.