- Tue Jul 18, 2023 1:01 pm
#48838
It's a framework for people like Murphy to be able to call for more spending and avoiding "how will you pay for this?" and chucking back a "you don't understand how government pays for stuff" back at people who do ask that sensible question.
It's OK when inflation is very low for stimulus, but it's no way to pay for eg the government's unfunded NHS modernisation plan, for example. which is a lot of money, every year.
What inflation would be if Murphy had been in charge, God knows. At which point Murphy says "I never send tax rises weren't needed". Well, he doesn't exactly say much about that, because when you do the attractiveness of something for nothing disappears rather rapidly.
Poor Jon Portes, pretty much as far away from an amoral counting machine as you can get, has this stuff chucked at him all the time.
It's OK when inflation is very low for stimulus, but it's no way to pay for eg the government's unfunded NHS modernisation plan, for example. which is a lot of money, every year.
What inflation would be if Murphy had been in charge, God knows. At which point Murphy says "I never send tax rises weren't needed". Well, he doesn't exactly say much about that, because when you do the attractiveness of something for nothing disappears rather rapidly.
Poor Jon Portes, pretty much as far away from an amoral counting machine as you can get, has this stuff chucked at him all the time.