"If we cannot afford it, we cannot do it"
Rachel Reeves channeling her inner Thatcher today.
Apart from the macroeconomic illiteracy of that statement, we CAN afford a huge programme of investment in public services.
As Prof Richard Murphy has shown in his 'Taxing Wealth' report, there are numerous sources of revenue available without even any further borrowing (which I support as well)
I despair.
#RachelReeves #LabourGovernment #Economics #Austerity #Taxation
Edited 320d ago