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nice axe you're grinding there. productivity is lower for reasons... lets raises taxes! unless it goes into high return infrastructure, more tax and spending will not improve productivity.

both valid, however the affects don't show immediately. Osborne has don't nothing to help the economy, but then again there is no infrastructure investment in the pipeline to help either. a number of items were cut back in 2010 (in the only bit of austerity in 6 years), i dont recall any...