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The chancellor must end austerity now – it is punishing an entire generation | The chancellor must end austerity now – it is punishing an entire generation |
(2 months later) | |
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Sun 19 Nov 2017 19.11 GMT | |
Last modified on Mon 27 Nov 2017 13.32 GMT | |
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Seven years of austerity has destroyed lives. An estimated 30,000 excess deaths can be linked to cuts in NHS spending and the social care crisis in 2015 alone. The number of food parcels given to impoverished Britons has grown from tens of thousands in 2010 to over a million. Children are suffering from real-terms spending cuts in up to 88% of schools. The public sector pay cap has meant that millions of workers are struggling to make ends meet. | Seven years of austerity has destroyed lives. An estimated 30,000 excess deaths can be linked to cuts in NHS spending and the social care crisis in 2015 alone. The number of food parcels given to impoverished Britons has grown from tens of thousands in 2010 to over a million. Children are suffering from real-terms spending cuts in up to 88% of schools. The public sector pay cap has meant that millions of workers are struggling to make ends meet. |
Alongside the mounting human costs, austerity has hurt our economy. The UK has experienced its weakest recovery on record and suffers from poor levels of investment, leading to low productivity and falling wages. This government has missed every one of its own debt reduction targets because austerity simply doesn’t work. | Alongside the mounting human costs, austerity has hurt our economy. The UK has experienced its weakest recovery on record and suffers from poor levels of investment, leading to low productivity and falling wages. This government has missed every one of its own debt reduction targets because austerity simply doesn’t work. |
The case for cuts has been grounded in ideology and untruths. We’ve been told public debt is the outcome of overspending on public services rather than bailing out the banks. We’ve been told that while the government can find money for the DUP, we cannot afford investment in public services and infrastructure. We’ve been told that unless we “tighten our belts” we’ll saddle future generations with debt – but it’s the onslaught of cuts that is punishing an entire generation. | The case for cuts has been grounded in ideology and untruths. We’ve been told public debt is the outcome of overspending on public services rather than bailing out the banks. We’ve been told that while the government can find money for the DUP, we cannot afford investment in public services and infrastructure. We’ve been told that unless we “tighten our belts” we’ll saddle future generations with debt – but it’s the onslaught of cuts that is punishing an entire generation. |
Given the unprecedented economic uncertainty posed by Brexit negotiations and the private sector’s failure to invest, we cannot risk exacerbating an already anaemic recovery with further public spending cuts. We’ve reached a dangerous tipping point. Austerity has failed the British people and the British economy. We demand the chancellor ends austerity now. | Given the unprecedented economic uncertainty posed by Brexit negotiations and the private sector’s failure to invest, we cannot risk exacerbating an already anaemic recovery with further public spending cuts. We’ve reached a dangerous tipping point. Austerity has failed the British people and the British economy. We demand the chancellor ends austerity now. |
Joseph Stiglitz Professor, Columbia University | Joseph Stiglitz Professor, Columbia University |
Ha-Joon Chang Professor, University of Cambridge | Ha-Joon Chang Professor, University of Cambridge |
David Graeber Professor of anthropology, LSE | David Graeber Professor of anthropology, LSE |
Ann Pettifor Director, Prime Economics | Ann Pettifor Director, Prime Economics |
Danny Dorling Professor, University of Oxford | Danny Dorling Professor, University of Oxford |
Saskia Sassen Professor, Columbia University | Saskia Sassen Professor, Columbia University |
Sir Richard Jolly Emeritus professor, Institute of Development Studies | Sir Richard Jolly Emeritus professor, Institute of Development Studies |
Mike Savage Co-director of International Inequalities Institute, London School of Economics | Mike Savage Co-director of International Inequalities Institute, London School of Economics |
David Blanchflower Professor of economics, Dartmouth College | David Blanchflower Professor of economics, Dartmouth College |
Richard Murphy Director of Tax Research UK, University of London | Richard Murphy Director of Tax Research UK, University of London |
Kate Pickett Professor of epidemiology, University of York | Kate Pickett Professor of epidemiology, University of York |
Richard G Wilkinson Emeritus professor of public health, University of Nottingham | Richard G Wilkinson Emeritus professor of public health, University of Nottingham |
Beverley Skeggs Academic director of International Inequalities Institute Atlantic fellows programme, LSE | Beverley Skeggs Academic director of International Inequalities Institute Atlantic fellows programme, LSE |
Diane Elson Emeritus professor, University of Essex | Diane Elson Emeritus professor, University of Essex |
Frances Stewart Director for research on inequality, human security and ethnicity, University of Oxford | Frances Stewart Director for research on inequality, human security and ethnicity, University of Oxford |
Simon Wren-Lewis Professor of economic policy, Blavatnik School of Government, University of Oxford | Simon Wren-Lewis Professor of economic policy, Blavatnik School of Government, University of Oxford |
Malcolm Sawyer Emeritus professor of economics, University of Leeds | Malcolm Sawyer Emeritus professor of economics, University of Leeds |
Victoria Chick Emeritus professor of economics, University College London | Victoria Chick Emeritus professor of economics, University College London |
John Weeks Emeritus professor of economics, Soas | John Weeks Emeritus professor of economics, Soas |
Gurminder Bhambra Professor of sociology, Warwick University | Gurminder Bhambra Professor of sociology, Warwick University |
Jason Hickel Department of anthropology, Goldsmiths University of London | Jason Hickel Department of anthropology, Goldsmiths University of London |
Özlem Onaran Department of international business and economics, University of Greenwich | Özlem Onaran Department of international business and economics, University of Greenwich |
Howard Reed Director, Landman Economics | Howard Reed Director, Landman Economics |
Valpy FitzGerald Emeritus professor of international development finance, University of Oxford | Valpy FitzGerald Emeritus professor of international development finance, University of Oxford |
Ruth Pearson Emeritus professor, University of Leeds | Ruth Pearson Emeritus professor, University of Leeds |
Len McCluskey General secretary, Unite | Len McCluskey General secretary, Unite |
David Prentis General secretary, Unison | David Prentis General secretary, Unison |
Tim Roache General secretary, GMB | Tim Roache General secretary, GMB |
Mark Serwotka General secretary, PCS | Mark Serwotka General secretary, PCS |
Manuel Cortes General secretary, TSSA | Manuel Cortes General secretary, TSSA |
Sally Hunt General Secretary, UCU | Sally Hunt General Secretary, UCU |
Kevin Courtney Co-general secretary, NEU | Kevin Courtney Co-general secretary, NEU |
Mary Bousted Co-general secretary, NEU | Mary Bousted Co-general secretary, NEU |
Ronnie Draper General secretary, BFAWU | Ronnie Draper General secretary, BFAWU |
Horace Trubridge General secretary, MU | Horace Trubridge General secretary, MU |
Dave Ward General secretary, CWU | Dave Ward General secretary, CWU |
Mick Whelan General secretary, Aslef | Mick Whelan General secretary, Aslef |
Doug Nicholls General secretary, General Federation of Trade Unions | Doug Nicholls General secretary, General Federation of Trade Unions |
Matt Wrack General secretary, Fire Brigade’s Union | Matt Wrack General secretary, Fire Brigade’s Union |
Shakira Martin General secretary, NUS | Shakira Martin General secretary, NUS |
Janet Davies General secretary, Royal College of Nurses | Janet Davies General secretary, Royal College of Nurses |
Radical Housing Network | Radical Housing Network |
UK Uncut | UK Uncut |
Sam Tarry President, Class | Sam Tarry President, Class |
Faiza Shaheen Director, CLASS | Faiza Shaheen Director, CLASS |
Omar Khan Director, Runnymede Trust | Omar Khan Director, Runnymede Trust |
Mary-Ann Stephenson Co-director, Women’s Budget Group | Mary-Ann Stephenson Co-director, Women’s Budget Group |
David Hillman Chair, Robin Hood Tax | David Hillman Chair, Robin Hood Tax |
Asad Rehman Director, War on Want | Asad Rehman Director, War on Want |
Sarah-Jayne Clifton Director, Jubilee Debt Campaign | Sarah-Jayne Clifton Director, Jubilee Debt Campaign |
Sam Fairbairn National secretary, People’s Assembly Against Austerity | Sam Fairbairn National secretary, People’s Assembly Against Austerity |
Linda Burnip Founder, Disabled People against Cuts | Linda Burnip Founder, Disabled People against Cuts |
Fran Boait Executive director, Positive Money | Fran Boait Executive director, Positive Money |
Will Snell Director, Tax Justice UK | Will Snell Director, Tax Justice UK |
Miatta Fahnbulleh Chief executive, New Economics Foundation | Miatta Fahnbulleh Chief executive, New Economics Foundation |
Kayleigh Garthwaite Fellow, department of social policy, sociology and criminology, University of Birmingham | Kayleigh Garthwaite Fellow, department of social policy, sociology and criminology, University of Birmingham |
Ruth Patrick Postdoctoral researcher, School of Law and Social Justice, University of Liverpool | Ruth Patrick Postdoctoral researcher, School of Law and Social Justice, University of Liverpool |
Tracey Jensen Lecturer in media and cultural studies, Lancaster University | Tracey Jensen Lecturer in media and cultural studies, Lancaster University |
Stewart Lansley Visiting fellow, Bristol University | Stewart Lansley Visiting fellow, Bristol University |
Andrew Cumbers Professor, Adam Smith Business School | Andrew Cumbers Professor, Adam Smith Business School |
Prem Sikka Professor of accounting, University of Essex | Prem Sikka Professor of accounting, University of Essex |
Christine Cooper Professor of accounting and finance, University of Strathclyde | Christine Cooper Professor of accounting and finance, University of Strathclyde |
Jo Michell Associate professor of economics, UWE Bristol | Jo Michell Associate professor of economics, UWE Bristol |
David Spencer Professor of economics and political economy, University of Leeds | David Spencer Professor of economics and political economy, University of Leeds |
Alfredo Saad-Filho Professor, Soas | Alfredo Saad-Filho Professor, Soas |
Simon Reid-Henry Reader in geography, Queen Mary University of London | Simon Reid-Henry Reader in geography, Queen Mary University of London |
Mary Mellor Emeritus professor, Northumbria University | Mary Mellor Emeritus professor, Northumbria University |
Hugh Willmott Professor of management, University of London | Hugh Willmott Professor of management, University of London |
Steve Keen Professor of economics, Kingston University London | Steve Keen Professor of economics, Kingston University London |
Susan Himmelweit Emeritus professor of economics, Open University | Susan Himmelweit Emeritus professor of economics, Open University |
Gideon Calder Senior lecturer in public health, policy and social sciences, Swansea University | Gideon Calder Senior lecturer in public health, policy and social sciences, Swansea University |
Simon Mohun Emeritus professor of political economy, Queen Mary University of London | Simon Mohun Emeritus professor of political economy, Queen Mary University of London |
Klaus Nielsen Professor of institutional economics, Birkbeck University of London | Klaus Nielsen Professor of institutional economics, Birkbeck University of London |
Pritam Singh Professor of economics, Oxford Brookes Business School | Pritam Singh Professor of economics, Oxford Brookes Business School |
Matthew Watson Professor of political economy, University of Warwick | Matthew Watson Professor of political economy, University of Warwick |
Mary V Wrenn Professor, UWE Bristol | Mary V Wrenn Professor, UWE Bristol |
Geoffrey Hodgson Research professor of business studies, University of Hertfordshire | Geoffrey Hodgson Research professor of business studies, University of Hertfordshire |
Daniela Gabor Professor of economics and macro-finance, UWE Bristol | Daniela Gabor Professor of economics and macro-finance, UWE Bristol |
Gary Dymski Professor of applied economics, Leeds University Business School | Gary Dymski Professor of applied economics, Leeds University Business School |
Tony Thirlwall Professor of applied economics, University of Kent | Tony Thirlwall Professor of applied economics, University of Kent |
Kalim Siddiqui Senior lecturer, University of Huddersfield | Kalim Siddiqui Senior lecturer, University of Huddersfield |
Stuart Holland Economist, University of Coimbra | Stuart Holland Economist, University of Coimbra |
David Bailey Professor of industrial strategy, Aston Business School | David Bailey Professor of industrial strategy, Aston Business School |
Roberto Veneziani School of Economics and Finance, Queen Mary University of London | Roberto Veneziani School of Economics and Finance, Queen Mary University of London |
Neil Lancastle Director of Finance and Banking Research Centre, De Montfort University | Neil Lancastle Director of Finance and Banking Research Centre, De Montfort University |
Michael Lipton Research professor of economics, University of Sussex | Michael Lipton Research professor of economics, University of Sussex |
Marjorie Mayo Emeritus professor of community development, Goldsmiths | Marjorie Mayo Emeritus professor of community development, Goldsmiths |
Andrew Simms Fellow, New Economics Foundation | Andrew Simms Fellow, New Economics Foundation |
Leslie Huckfield Academic and activist, Yunus Centre for Social Business and Health | Leslie Huckfield Academic and activist, Yunus Centre for Social Business and Health |
Hugo Radice Economist, University of Leeds | Hugo Radice Economist, University of Leeds |
Satoshi Miyamura Senior lecturer, Soas | Satoshi Miyamura Senior lecturer, Soas |
Sue Konzelmann Director of the London Centre for Corporate Governance and Ethics, Birkbeck University of London | Sue Konzelmann Director of the London Centre for Corporate Governance and Ethics, Birkbeck University of London |
Bruce Conin Professor of economic sociology, University of Greenwich | Bruce Conin Professor of economic sociology, University of Greenwich |
David Hall Professor, public services international research unit, University of Greenwich | David Hall Professor, public services international research unit, University of Greenwich |
Jonathan Perraton Senior lecturer in economics, University of Sheffield | Jonathan Perraton Senior lecturer in economics, University of Sheffield |
Teddy Brett Professor of international development, LSE | Teddy Brett Professor of international development, LSE |
Robert Calvert Jump Lecturer, UWE Bristol | Robert Calvert Jump Lecturer, UWE Bristol |
Jeff Powell Senior lecturer in economics, University of Greenwich | Jeff Powell Senior lecturer in economics, University of Greenwich |
Kat Chzhen Academic, co-editor of Children of Austerity | Kat Chzhen Academic, co-editor of Children of Austerity |
Dominic Harrison Visiting professor of public health, University of Central Lancashire | Dominic Harrison Visiting professor of public health, University of Central Lancashire |
Lisa McKenzie Lecturer in sociological practice, Middlesex University | Lisa McKenzie Lecturer in sociological practice, Middlesex University |
Satbir Singh Chief executive, Joint Council for the Welfare of Immigrants | Satbir Singh Chief executive, Joint Council for the Welfare of Immigrants |
Costas Lapavitsas Professor, Soas | Costas Lapavitsas Professor, Soas |
Engelbert Stockhammer Professor, Kingston University London | Engelbert Stockhammer Professor, Kingston University London |
Annette Hastings Professor of urban studies, University of Glasgow | Annette Hastings Professor of urban studies, University of Glasgow |
Ruth Lupton Professor of education, University of Manchester | Ruth Lupton Professor of education, University of Manchester |
Kitty Stewart Associate professor of social policy, LSE | Kitty Stewart Associate professor of social policy, LSE |
Canon Giles Fraser Parish priest, St Mary’s Newington | Canon Giles Fraser Parish priest, St Mary’s Newington |
Anna Minton Programme leader MRes architecture: Reading the Neoliberal City, University of East London | Anna Minton Programme leader MRes architecture: Reading the Neoliberal City, University of East London |
Sam Friedman Associate professor of sociology, LSE | Sam Friedman Associate professor of sociology, LSE |
Pilgrim Tucker Community organiser, Grenfell Action Group | Pilgrim Tucker Community organiser, Grenfell Action Group |
Canon Steve Saxby Chair, Unite Faith Workers | Canon Steve Saxby Chair, Unite Faith Workers |
Paul Parker Recording clerk, Quakers in Britain | Paul Parker Recording clerk, Quakers in Britain |
• Join the debate – email guardian.letters@theguardian.com | • Join the debate – email guardian.letters@theguardian.com |
• Read more Guardian letters – click here to visit gu.com/letters | • Read more Guardian letters – click here to visit gu.com/letters |
Public sector cuts | |
Budget 2017 (November) | |
Austerity | |
Public services policy | |
Public finance | |
Economics | |
letters | |
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