Ann Pettifor


Cuts could increase the deficit

6th December, 2009 The Observer asked a small group of people to comment in advance of next Wednesday’s Pre-Budget Report. This from yours truly: “Public debt will rise higher if government slashes spending, and recovery will elude us. Unemployment has high costs, but productive government spending, unlike private spending, pays for itself by creating jobs …

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Faux optimism & flawed economics

December 1st, 2009 There was much huffing and puffing by the cheerleaders for premature economic recovery when the Office for National Statistics revealed that the UK was still in recession last week. These same ‘pied pipers’ tried to discredit the ONS’s previous factual announcements. Now the CBI has reported an ‘unexpected’ dip in sales in …

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Ignore the scaremongers..Watch out for the truly scary.

I have been travelling again, this time to visit my frail and elderly mother in South Africa. I was there for President Zuma’s first ‘State of the Union’ Address, and will write more about the country of my birth in the next post. In the meantime wanted to add this piece – on economic optimism …

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