The economies death spiral by George Osborne a history graduate who doesn't know history.

As the graph on this BBC article shows the economy was starting to recover in the end of 2009 then this coalition was elected and within six months started their policy off economic slash and burn AKA austerity.

The depression is continuing with the government trying to blame everyone and everything from the jubilee to the weather. Indeed they are blaming everything except their own incompetence.

History has shown us that Austerity has never worked from japans decades long recession to the great depression between the wars austerity fail and it fails massively. During the great depression Britain enacted austerity measures whilst Roosevelt instigated the new deal and invested in the USA as a result the united states climbed out of depression and became the worlds strongest economy whilst Britain remained in depression.  George Osborne as a history graduate should know this.

The only conclusion is that the Chancellor is trying to continue the recession and there can be only one reason for deliberately continuing the recession. In a recession even more money than usual is concentrated in the richest 1% which just so happen to include the chancellors tax avoiding family as well as a significant number of Conservative backers. It is quite clear that the Tories are now destroying the economy for personal gain.