The UK's George Osborne kind of admits "Austerity Blows"

So naturally, let's do it over here:

George Osborne admitted it was taking longer for Britain to recover from the financial crisis than he hoped today amid warnings that the Government would miss its key economic targets.

So far Osborne has managed to never fail to miss a key economic target, so at least his austerity policy has been consistent. Of course, there is one thing that Osborne has finally come around on that the GOP will also continue to ignore:

The Chancellor also warned the rich would pay more when he unveils his Autumn Statement on Wednesday

Osborne may have finally approached "half right".

[cross-posted at Firedoglake]