Emeritus Prof Christopher May on Nostr: In the looking glass of Rachel Reeves Treasury, 'investing in growth' involves a ...
In the looking glass of Rachel Reeves Treasury, 'investing in growth' involves a requirement to 'model' 10% cuts in infrastructure budgets;
So as always the immediate 'need' to contain debt levels becomes the mechanism of (once again) putting off badly needed investment!
As npub1ke2g8yhwxtxr68vj75974l2kwu4thlkusdsmcvcgr5schpa5atrqnxwvwj (npub1ke2…wvwj) would point out this is all essentially unnecessary.... which suggests either its a political choice or, perhaps more likely, a fundamentally mistaken economic ideology!
#investment #infrastructure
h/t FT
So as always the immediate 'need' to contain debt levels becomes the mechanism of (once again) putting off badly needed investment!
As npub1ke2g8yhwxtxr68vj75974l2kwu4thlkusdsmcvcgr5schpa5atrqnxwvwj (npub1ke2…wvwj) would point out this is all essentially unnecessary.... which suggests either its a political choice or, perhaps more likely, a fundamentally mistaken economic ideology!
#investment #infrastructure
h/t FT