Opinionomics | 30 April 2012

Must-read comment and analysis. Examinations of the problems with austerity, youth unemployment, and

1. German Unions Seeking Higher Pay Could Save the Euro (Bloomberg View)

Simon Johnson points out that the intra-Europe rebalancing that many agree must occur for normality to resume could be greatly aided by unions – normally the scourge of neoclassical economic models.

2. Wasting Our Minds (New York Times)

Paul Krugman writes on the terrible wasted potential that results from things liek high youth unemployment.

3. The impact of fiscal austerity in the eurozone (Financial Times)

Martin Wolf repeats Krugman's examination from last week, and reaches the same conclusion: austerity is negatively correlated with growth.

4. Recovery ahoy? (Market Square)

Ian Mulheirn gives his two pence on the double-dip.

5. The facts aren't going the Coalition's way, so it has resorted to spin (Independent)

David Blanchflower assesses the coalition's job creation claims.

Danny Alexander leaves Downing Street. David Blanchflower wishes he would never come back. Photograph: Getty Images

Alex Hern is a technology reporter for the Guardian. He was formerly staff writer at the New Statesman. You should follow Alex on Twitter.

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What did Jeremy Corbyn really say about Bin Laden?

He's been critiqued for calling Bin Laden's death a "tragedy". But what did Jeremy Corbyn really say?

Jeremy Corbyn is under fire for describing Bin Laden’s death as a “tragedy” in the Sun, but what did the Labour leadership frontrunner really say?

In remarks made to Press TV, the state-backed Iranian broadcaster, the Islington North MP said:

“This was an assassination attempt, and is yet another tragedy, upon a tragedy, upon a tragedy. The World Trade Center was a tragedy, the attack on Afghanistan was a tragedy, the war in Iraq was a tragedy. Tens of thousands of people have died.”

He also added that it was his preference that Osama Bin Laden be put on trial, a view shared by, among other people, Barack Obama and Boris Johnson.

Although Andy Burnham, one of Corbyn’s rivals for the leadership, will later today claim that “there is everything to play for” in the contest, with “tens of thousands still to vote”, the row is unlikely to harm Corbyn’s chances of becoming Labour leader. 

Stephen Bush is editor of the Staggers, the New Statesman’s political blog.