mainly macro
Comment on macroeconomic issues
Tuesday 26 March 2024
Why raising taxes substantially is critical for the next Labour government to be sure of achieving its missions
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My series of posts on detoxifying government debt was all about why Labour should not be afraid to increase public investment substantial...
Tuesday 19 March 2024
Detoxifying government debt, part 4. Labour’s inheritance
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The Labour party has for a long time been fearful about high government borrowing to fund additional public investment. It didn’t start wi...
Tuesday 12 March 2024
On maxing out credit cards and magic money trees
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“When you repeat a lie, you spread it. When you spread a lie, you strengthen it. When you strengthen a lie, you become an accomplice t...
Thursday 7 March 2024
How 14 years have shown the impossibility of shrinking the UK state
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The Budget was predictable, and predictably boring. Hunt cut taxes, but the tax burden is still rising because of the tax increases alread...
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