Last week in the Daily Telegraph leading economist Professor David Blanchflower launched a scathing attack on the Tories and in particular Shadow Chancellor George Osborne’s call for immediate public spending cuts, claiming that unemployment could easily rise to 4 million over the next few years as a result of such a policy.

In the article which can be read in full here Professor Blanchflower is quoted as saying

We must not repeat the mistakes of the 1930s by assuming a recovery is taking place and then cutting spending and raising interest rates too early.

Such action could push the economy into a decade-long depression.

If large numbers of public sector workers, perhaps as many as a million, are made redundant and there are substantial cuts in public spending in 2010, as proposed by some in the Conservative Party, five million unemployed or more is not inconceivable

Mr Osborne, I really don’t know which economists are advising you on this brilliant strategy to increase unemployment, but feel free to give me a call. Unemployment makes voters unhappy

The Labour Government accepts that the public debt needs to be tackled and indeed Chancellor Alistair Darling has already indicated that the public debt will be halved over the next four years if Labour are re-elected at the next General Election.

This proves that either the Tories are either incompetent, economically illiterate or both.

The Country simply can’t afford the risk of a David Cameron led Government.