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The economy has grown where it matters - the mink-lined pockets of those already wealthy enough to use that money responsibly.
There's no sense letting people with no money have any money (either via welfare, progressive taxation, or just having enough jobs for them to go and earn the money) as they will only spend it on useless rubbish that won't benefit the rich.
Trickle down economics FTW!
amongst others, Labour are proposing to balance the books by taxing the rich and big businesses more. It is an objective fact that austerity, an economic policy motivated more by ideology than a desire for sound economics , has massively harmed growth.