RichardJMurphy,
@RichardJMurphy@mas.to avatar

Why are politicians obsessing about debt? https://www.taxresearch.org.uk/Blog/2024/04/23/why-are-politicians-obsessing-about-debt/. Borrowing in the last year was £120 billion, and investment was £133 billion. So why is anyone getting obsessed with debt when borrowing to fund investment is always a reasonable thing to do, even by the standards that our economically illiterate politicians use?

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