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DawnHFoster's profile
The Poisonous Euros Atmosphere Fan
The Poisonous Euros Atmosphere Fan
The Poisonous Euros Atmosphere Fan
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@DawnHFoster

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The Poisonous Euros Atmosphere FanVerified account

@DawnHFoster

Staff Writer at @JacobinMag. Writer and broadcaster for everyone. 📧msdawnfoster@gmail.com Tusk is the best Fleetwood Mac album. Only care about LFC.

London. Londinium.
jacobinmag.com/author/dawn-fo…
Joined July 2008

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    The Poisonous Euros Atmosphere Fan‏Verified account @DawnHFoster 4 Apr 2020

    I would be incredibly wary about confidently asserting “austerity is dead”, when Sunak will instantly argue the Treasury spent big and now has to live on scraps for another decade after this emergency, and the Labour Right will concur.

    3:54 AM - 4 Apr 2020
    • 117 Retweets
    • 516 Likes
    • Balance for Teachers Tomáš Janáček DJ ValKyrie: brood x in a werewolf costume Dr Helen Musther hitesh patel Tatter #GTTO Jade. Dakota Zah'ra - 2/2 💉
    12 replies 117 retweets 516 likes
      1. mike  🚩‏ @__mike91 4 Apr 2020
        Replying to @DawnHFoster

        Especially if the rumours of Rachel Reeves being shadow chancellor ring true.

        0 replies 0 retweets 2 likes
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      2. Jason Jawando‏ @jasondj 4 Apr 2020
        Replying to @DawnHFoster

        The economy will need a big Keynesian stimulus to get it going when lockdown finishes. It will be in the government's interest to do this, but they will find ways of dressing it up as something else.

        0 replies 0 retweets 0 likes
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      1. jo1jones‏ @RantyMcdaffy 4 Apr 2020
        Replying to @DawnHFoster

        Exactly

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      2. Tom Jameson‏ @TomJameson75 4 Apr 2020
        Replying to @DawnHFoster

        You have to cut spending during periods of growth so you are able to take expansionist measures during downturns. The Labour left use the term austerity to criticise basic Keynesian policies, which I thought they were supposed to support.

        1 reply 0 retweets 0 likes
      3. The Regular Trousered Philanthropist‏ @raggedarsed 4 Apr 2020
        Replying to @TomJameson75 @DawnHFoster

        National debt nearly doubled over the past 10 yrs How's there more money to spare with double the debt? Boris's spending plans,even before the virus,were bigger than Miliband's in 2015 Same with Reagan & Trump.Ramping up the debt's fine, but don't spend it on poverty-relief.

        1 reply 0 retweets 1 like
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      1. Becky Whinnerah‏ @BeckyWhin 4 Apr 2020
        Replying to @DawnHFoster

        That's precisely what I said right from the first sunak 'budget'. Unless the left can make credible arguments about how govt economics work (ie, not comparable to household budgets) we're going see to more stringent austerity I think.

        0 replies 0 retweets 1 like
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      1. Michael Larkin‏ @ipanalysis 4 Apr 2020
        Replying to @DawnHFoster

        Yep, and its presumably easier to sell off whole chunks of health service if you are not also selling off their 'debts' as part of the package

        0 replies 0 retweets 0 likes
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      1. John Duncan‏ @Johntheduncan 4 Apr 2020
        Replying to @DawnHFoster

        John Duncan Retweeted John Duncan

        https://twitter.com/Johntheduncan/status/1242406074050887682?s=19 …

        John Duncan added,

        John Duncan @Johntheduncan
        I would be reticent to call this the end of neoliberalism never mind the end of capitalism. I would not be in the least bit surprised if on the other end of this crisis the government immediately pivots to austerity 2.0 with the justification to reclaim the money being spent now
        Show this thread
        0 replies 0 retweets 3 likes
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      1. Al Malarkey‏ @colossal_twonk 4 Apr 2020
        Replying to @DawnHFoster

        Oh higher taxes and higher inflation are coming, perhaps sooner than we think, all over the world

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