We are not cutting deep enough

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I listen with dismay to so-called conventional economists in Europe and America as they continue to misunderstand the fiscal crisis.

The fiscal crisis is because governments have spent too much money for too long. Money they do not have. We are not cutting deep enough or soon enough. Look at President Warren Harding’s handling of the economy in 1921/22

Godfrey Bloom, UKIP MEP for Yorkshire and North Lincolnshire