Britain – as absurd as it seems – is still in the clutch of austerity. One does not need to be an expert to recognise what this has done, and is still doing, to the economy, and more important, to most of the British people. While updating our data for GDP per head of population from OECD and ONS, and doing some quick calculations, I realised a startling fact. The present age of austerity, starting with the 2010 Coalition government, and on to the Cameron / May Conservative governments, has to date been the worst since records began for average annual change in GDP per head. And if we exclude years of recession, it has been by far the worst.



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Von Veritatis

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