#ono

Civil servants are fully aware of the challenges the British economy faces. They are, after all, working tirelessly and professionally to support the coalition government through the current challenges, every day, and in every part of Britain. ↗

— Gus O'Donnell

#aware #britain #british #challenges #civil

Britain is a textbook case of how growing inequality leads to economic crisis. The years before the crash were marked by a sharp rise in remortgaging and the growth of 0 percent balance transfer credit cards. By 2008 the UK had the highest ratio of household debt to GDP of any major economy. ↗

— Frances O'Grady

#balance #before #britain #cards #case

From the ashes of a financial crash, there is a chance to create a new economic settlement that is more equal, sustainable and democratic. ↗

— Frances O'Grady

#chance #crash #create #democratic #economic

Governments of all stripes want to deliver growth and rebalance their economies now that they have learned the hard way that, left to their own devices, markets pick expensive banking losers. ↗

— Frances O'Grady

#deliver #devices #economies #expensive #governments

I'd be happy to have regular face-to-face meetings at Downing Street with David Cameron to argue the case for alternative economic policies. ↗

— Frances O'Grady

#argue #be happy #cameron #case #david

The difficulty for the Government is there's this ideological straitjacket of the market will provide, let the market rip and everything will work out... It's back to trickle-down economics, which, it's plain to see, have not delivered. ↗

— Frances O'Grady

#delivered #difficulty #economics #everything #government

The dominant economic approach of the last thirty years is now on its last legs. Letting the market rip and an indifference to inequality are now seen as important causes of the greatest economic crash since the 1930s. ↗

— Frances O'Grady

#causes #crash #dominant #economic #greatest

The TUC's new slogan 'a future that works' sets a profound challenge. Austerity and rapid deficit reduction is failing in its own terms, but even at its best it is short-sighted, muddle-through politics with no vision of a new economic model. ↗

— Frances O'Grady

#best #challenge #deficit #deficit reduction #economic

Facts are facts: No president since Franklin Delano Roosevelt in the Great Depression inherited a worse economy, bigger job losses or deeper problems from his predecessor. But President Obama is moving America forward, not back. ↗

— Martin O'Malley

#back #bigger #deeper #delano #depression

I am not surprised that this is a longer bit of work than many of us would have hoped. It is not where any of us would have hoped it is. And I think we need to give credit to the Republicans in Congress who have done everything they can to defeat every jobs bill and slow down the economy. ↗

— Martin O'Malley

#any #bill #bit #congress #credit