Not true actually. The GC recommendation is to increase public spending by 0.5% below the growth rate. The IFS commentary on this assumed a growth rate of 1.5% and therefore an annual increase of 1%. Obv other growth rates are possible in either direction.This quote is hidden because you are ignoring this member. Show Quote
As I see it the likely choices are a decade of something like or not much better than austerity followed by at least some hope of improvement or a decade of something like or not much better than austerity followed by near certain ongoing decline.
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19-06-2018 12:33 PM #11
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