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Despite some truly grim economic statistics, Chancellor George Osborne will attempt to deflect criticism for the failings of austerity economics in his Autumn Statement today, blaming the world economy and the last government.
In 2008, the banks collapsed, and everything changed. The then Labour government, anxious to avoid economic meltdown paid billions to bail them out whilst starting on a programme of public sector cuts that would only increase under the Coalition.
The average British voter takes little interest in economics as a subject, being fully occupied with the economic realities of their lives.