Emeritus Prof Christopher May on Nostr: Here's npub1dg36n…yudnr on why #tax cuts ahead of the #election will (and indeed ...

Here's npub1dg36nmxp88c5fntkckz8q6el3576vtl6e30u4rht8zkzk20u7jhskyudnr (npub1dg3…udnr) on why #tax cuts ahead of the #election will (and indeed must) be temporary, how the media colludes in the delusion that tax cuts can be permanent, and why projections are often misleading due to the constraints put on the OBR (and the weakness of journalists' willingness to look behind the #Tories pious pronouncements about 'protecting' vital expenditure).

A deeply depressing but absolutely vital read & a grim Happy New Year from SWL.

https://mainlymacro.blogspot.com/2024/01/2024-will-be-year-uk-fiscal-policy.html