ChrisMayLA6, The National Institute for Economic & Social Research has joined a growing clamour for the UK fiscal rules to be reformed as they are no longe fit for purpose;
the fiscal straightjacket that policy makers have imposed and/or accepted is aimed at an audience in financial services, whose interests are in no way in line with what the country now needs.
Its time to listen to @sjwrenlewis @RichardJMurphy & others who have been arguing for reforms for years!
#economics
https://www.theguardian.com/business/article/2024/may/09/tax-rises-will-follow-uk-election-unless-fiscal-rules-are-ripped-up-says-thinktank