Just for the top 5% of incomes:
Saturday, October 15, 2011
An excellent editorial in the New York Times on the disastrous British austerity strategy - which, as the authors point out, is an ideology more than a viable economic plan:
For a year now, Britain’s economy has been stuck in a vicious cycle of low growth, high unemployment and fiscal austerity. But unlike Greece, which has been forced into induced recession by misguided European Union creditors, Britain has inflicted this harmful quack cure on itself.
PM Cameron cogitates
Austerity was a deliberate ideological choice by Prime Minister David Cameron’s ruling coalition of Conservatives and Liberal Democrats, elected 17 months ago. It has failed and can be expected to keep failing. But neither party is yet prepared to acknowledge that reality and change course.
New figures released this week reported Britain’s highest jobless numbers in more than 15 years.