Jonathan Portes
speaker
32 appearances
2 recordings
1 series
first heard Aug 2012
last heard Oct 2013
Jonathan Portes’s voice in public audio — every appearance, attributed to the second.
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Appearances
Although things may be a bit more difficult this time now, it's not historically unprecedented at all.
Very badly, I'm afraid.
Not only have we dipped back into a recession, but perhaps more seriously, the economy of Trumpinshire hasn't grown at all for the last couple of years.
Although you clearly need to balance your budget over the medium term,
you made the cuts at the wrong time.
That was the big mistake.
We here at the National Institute recently did a bit of analysis on what would have happened if Trump and Scheer had postponed the spending cuts and tax rises for three years.
Still doing exactly the same thing, but just waiting a few years until circumstances were better.
And what we found was that that would have led to significantly higher growth and lower unemployment over the medium term for Trump and Scheer.
The number of jobs in the public sector has shrunk considerably.
The number of jobs in the private sector in Trumpnature has actually gone up quite considerably over the last two years.
So in terms of the labour market, the private sector has indeed picked up the slack.
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