Paul Krugman keeps up his Keynesian crusade here.
No widespread fad ever passes, however, without leaving some fashion victims in its wake. In this case, the victims are the people of Britain, who have the misfortune to be ruled by a government that took office at the height of the austerity fad and won’t admit that it was wrong.And remember Clegg, Keynes was a Liberal.
The most amusing article though, and we do need a good malicious laugh at times like these, is by the cartoonist Martin Rowson in Tribune, recalling the first time he met George Osborne, "a bit of wimp, and with an unfortunately unlikable face".
His conclusion? He has,
...a mental image, of the type cartoonists experience, and it’s of an 11-year-old boy sitting in front of an Enigma machine and repeatedly hitting it with a hammer, just to see what might happen. There is, in other words, a stench of deranged naivety surrounding George Osborne, David Cameron and Nick Clegg ...Thanks to Mike