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Coalition rejects calls for Plan B

The coalition has rejected academic’s and economist’s calls for a Plan B that focuses on growth rather than spending cuts, claiming the country does not have such a luxury.

In a letter to a Sunday newspaper, a group of academics and economists called the coalition’s “breakneck deficit-reduction plan”  “self defeating” and urged Government to come up with a  “Plan B”.

Shadow Chancellor Ed Balls said: “Confidence is down and we are now seeing week by week more evidence the economy is stalling.”

But Foreign Secretary William Hague said: “The harsh truth is that Gordon Brown did not leave this country with the luxury of a Plan B or a different economic strategy.”

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  1. That would be “… academics’ and economists’ …” – we’re not greengrocer’s … 🙂

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