Labour should be doing better than it is on both sides of the Border.
A growing band of economists now agrees that Labour’s critique of the Coalition cuts as “too fast too deep” is bang on the money. Yet polling suggests most voters still blame the Labour government rather than world events for the state of the public finances. And even after the International Monetary Fund last week downgraded the UK annual growth forecast to a miserable 1.1%, voters rate the Tories higher than Labour for economic competence.
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