Tale of Two Austerities

In the Commons right now Ed Balls is giving George Osborne a kicking over his “failed austerity” programme. How does it compare with other austerity programmes?

irish-austerity
Since the credit crisis Ireland has cut government spending by 19% in cash terms.

uk-austerity

Over the same period Britain has increased government spending by 3% in cash terms.

What austerity?

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