Eleven years to reverse austerity – John McDonnell responds
John McDonnell MP, Labour’s Shadow Chancellor, commenting on New Economics Foundation research showing that today’s announcements mean it will take eleven years to reverse austerity:
“The evidence is piling up that the Chancellor’s trumpeting of an end to austerity was nothing of the sorts.
“Hours after the Spending Round was delivered, it’s already falling apart at the seams – just like the rest of the Government.”
Notes to editors
- The NEF analysis is available here: https://neweconomics.org/2019/09/it-will-take-up-to-11-years-for-the-government-to-reverse-austerity