Government undone by need for good news
It was the economist John Maynard Keynes who said that "when the facts change, I change my mind. What do you do, sir"? This week the facts changed for the government.
It was the economist John Maynard Keynes who said that "when the facts change, I change my mind. What do you do, sir"?
This week the facts changed for the government when it came under fire from two powerful interests - public sector trade unions and the judiciary - as it scrambled to find troika-mandated savings in public expenditure.
A face-saving compromise has been found to resolve the judges' disagreements with the government behind closed...
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