Austerity measures causing UK 'long term economic & social damage'

Leading economic think tank the National Institute of Economic and Social Research (NIESR), says that the Coalition Government's economic austerity policies are hindering growth and is calling for £15bn of public investment to boost demand and avert another recession in 2012: http://www.telegraph.co.uk/finance/economics/9057898/Chancellors-austerity-measures-causing-UK-lasting-damage-NIESR-warns.html