- Fri Mar 21, 2025 10:48 am
#86111
Economic suicide? 10 year bond rates are 4.67%. Donald Trump is running amok in the international markets, and we're going to have to spend much more on Defence.
As with the hubristic Biden peak, it's very easy to get carried away that you're sticking it to austerity. That got the core inflation too high and put Trump back in, even if it was better than the German approach. Reeves needs to find some more taxes to raise, but the plan is still expansionary at a time when there are constraints on being too expansionary.