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The alternatives to austerity are obvious
You face austerity because banks are being feather-bedded, not because the state is 'running out of money.' It doesn’t have to be this way, writes DIANE ABBOTT MP

HAROLD WILSON said that a week is a long time in politics. No doubt that is true. But the Autumn Statement delivered by Jeremy Hunt is likely to dominate politics and the economy for the next two years — and possibly well beyond — unless there is a radical alternative proposed.  

This is because the scale and structure of the austerity imposed are quite beyond what we have seen before. Economists tell us that in sheer size, this set of measures was much larger than the austerity imposed by David Cameron and George Osborne.  

At the same time, it is also planned to be much longer, with many of the measures postponed outright until after the next election and only beginning in 2025. Any claim that this is not a deepening of austerity is sheer nonsense.  

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