Don’t be fooled by the spending-GDP ratio into thinking the government went all mad and Keynesian
Posts Tagged ‘Public Spending’
12 Jan
The only not-confused leader right now is Clegg
The Lib Dems’ willingness to sacrifice items from the era of shopping list politics demonstrates how they can be trusted in power by the bond market, and is a welcome, mature move from the leader
11 Jan
Gilt market conundrums*
To my amateur eyes, the shape of the gilt market suggests a fairly settled demand for our debt.
7 Jan
Further commentary on size of government
After it has appeared on LibCon, my previous thoughts on government spending need some elucidation.
6 Jan
The government is smaller than you think
People who bang on about how high the public spending to GDP ratio has become are badly missing loads of different points. You can be liberal, economically, and still support a 40% state.
4 Jan
On the subject of impossible promises
A Conservative announcement to cut the deficit without touching the £110bn NHS budget only draws attention to the thinness of their deficit cutting plans announced so far.
4 Jan
Brown demonstrates how to drive away the wavering voter
There are no easy answers to the fiscal dilemmas of 2010-15 – but Brown’s outright denialism is plain irresponsible, and will not win votes
20 Nov
Counterintuitive thought of the week: this isn’t the worst debt mess since the War
When you want to assess the costs of various episodes, you must take into account debt costs, not just the level of debt.
13 Nov
Apologies for light blogging – events, dear boy . . .
A superb one day “dealing with debt” conference gets a shamefully short and selective summary.
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