Denis Clifford advises us that austerity doesn't work (Letters, August 15).
I can't say whether or not it does since we've never tried anything approaching the level or type of austerity necessary to address the current problem.
What we are trying is akin to those individuals who run up £40,000 credit card debt and, in an attempt to pay it off, work out a new budget where they decide to struggle on – by reducing their £500 a month spend on clothes to £300 a month, failing to notice they have wardrobes full of stuff and 50 pairs of shoes and needn't buy another stitch for the next 10 or 20 years.
Please enable cookies in your browser to display the rest of this article.