Economists blast Chancellor's plans
Updated on 26 October 2008
A group of senior economists have branded the Government's plan to spend its way out of the looming recession a "misguided and discredited" approach that could make things worse.
Chancellor Alistair Darling revealed a week ago that he wanted to bring forward spending on major state-funded projects in order to kick-start recovery.
The proposal was subsequently keenly defended by Prime Minister Gordon Brown despite a massive rise in public sector debt to record levels.
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