Emeritus Prof Christopher May on Nostr: Rachel Reeves desire to be seen as a 'serious' Chancellor leads to her 'fiscal ...
Rachel Reeves desire to be seen as a 'serious' Chancellor leads to her 'fiscal probity'.
As a result, what we will be seeing this Autumn, unless she has a remarkable Damascene conversion will be more austerity, justified by the bankrupt narrative of the state being like a household, and deploying a farcical & threadbare idea of economics.
The idea that further impoverishing the country will somehow promote growth to help us rid us of impoverishment already hasn't worked!
#austerity #economics
As a result, what we will be seeing this Autumn, unless she has a remarkable Damascene conversion will be more austerity, justified by the bankrupt narrative of the state being like a household, and deploying a farcical & threadbare idea of economics.
The idea that further impoverishing the country will somehow promote growth to help us rid us of impoverishment already hasn't worked!
#austerity #economics