Quotation by

Frances O'Grady

The TUC's new slogan 'a future that works' sets a profound challenge. Austerity and rapid deficit reduction is failing in its own terms, but even at its best it is short-sighted, muddle-through politics with no vision of a new economic model.

Frances O'Grady

Future

Understanding this quote AI Analysis

Frances O'Grady is saying that the current approach of cutting government spending quickly is not only ineffective but also lacks a clear plan for long-term economic improvement. She believes the TUC's slogan challenges this by calling for a new, well-thought-out economic strategy instead of just managing problems as they come.

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