THE LAST DITCH

The Austerity Fairy.

Fairyqueen
I have to draw your attention to the linked post over at Cafe Hayek, if only because I love the idea of the Austerity Fairy. Much as the BBC, The Guardian and the public sector unions are screwing up their eyes and believing her into life, this Tinkerbell doesn't exist in Britain either. Sorry. Year on year increases in public spending are not 'cuts' or 'austerity' except in Leftist Fairyland. At the risk of sounding like a British Marxist talking about Socialism, no-one can say austerity has failed, because it hasn't really been tried yet.

55 responses to “The Austerity Fairy”

  1. Tom Paine Avatar

    This is going nowhere now and you have pretty much stopped advancing ideas. I find your thinking fascinating and would like to see it systematised. Please click the email me link in the sidebar and I will set you up as a guest author so that you can write a comprehensive post setting us all straight.

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  2. Moggsy Avatar
    Moggsy

    Mark, Nice put down hun. At least you did sort of get round to picking up on one of my points. Didn’t understand what I said, but picked up on the word Greek maybe? smile
    I had thought that the Greeks had been able to vote for their absolutely-nothing-to-do-at-all-with-the-electorate “Decision makers” for a few decades now, but what do I know.
    To be fair the “Decision makers” probably got leant on by EU Politicos to get them in the Evro, come hell or high water… and that’s exactly what they got.

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  3. Tom Paine Avatar

    Not to mention the fact that “the deficit” we are all talking about is that in the government’s finances. Of course Mark doesn’t distinguish between government and nation as he’s a good little submissive to Nanny Whiplash.

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  4. james higham Avatar

    At the risk of sounding like a British Marxist talking about Socialism, no-one can say austerity has failed, because it hasn’t really been tried yet.
    All right for some. Others are in not such a good position.

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  5. Cascadian Avatar
    Cascadian

    I sympathise with the sentiments of your last sentence.
    Unfortunately, politicians worldwide have made such a thorough mess, I believe everybody is going to suffer. In this instance, and judging by actions in the US, and to some extent Greece it seems the most reckless will not be held accountable. Those with savings accrued during a lifetime of work are likely to see them inflated and perhaps devalued away.
    So it is either austerity today or penury tomorrow-no good choices left.
    When politicians wish to not appear nasty, they make foolish decisions, managemnet is not all about being nice. Which is why the current crew cannot be said to be managing the government expenditure, it has been outsourced to the civil service.

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Tom is a retired international lawyer. He was a partner in a City of London law firm and spent almost twenty years abroad serving clients from all over the world.

Returning to London on retirement in 2011, he was dismayed to discover how much liberty had been lost in the UK while he was away.

He’s a classical liberal (libertarian, if you must) who, like his illustrious namesake, considers that

“…government even in its best state is but a necessary evil; in its worst state an intolerable one.”

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