As I noted yesterday, the LibDems have pledged to run budget surpluses of at least 1% in normal times. And they have pledged to keep pension deficits to no more than 1% in recessions. This is the data on deficits since 1946, assembled by me this morning from House of Commo0ns, ONS and OBR data: […]
source https://thebtrader.com/2019/11/18/why-the-libdems-pledge-to-keep-government-deficits-to-1-makes-no-sense/?utm_source=rss&utm_medium=rss&utm_campaign=why-the-libdems-pledge-to-keep-government-deficits-to-1-makes-no-sense
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