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Findings about the impact of a course of heavy-duty cuts on life expectancy make grim reading
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Larry Elliott with a particularly bleak piece on the impact of austerity, citing the latest research in the Lancet which concludes that austerity kills.
What researchers have done is use the Greek financial crisis as a test bed and analyse the impact of austerity on mortality rates. It makes for grim reading. As he concludes "austerity kills". However, there is an interesting aside - does the degree of austerity matter? And what about the starting point?
There's a ToK essay in there somewhere about this - he's trying to draw a parallel between Greece and Britain, and I'm not sure that this is necessarily appropriate.