UK Politics

6 readers

1 users here now

General Discussion for politics in the UK.

Posts should be related to UK-centric politics, and either a link to reputable news source, or be a text post.

If you think "reputable news source" needs some definition, by all means start a meta thread. (These things should be publicly discussed)

Posts should be manually submitted, not by bot.

Disappointing comments will generally be left to fester in ratio, outright horrible comments will be removed.
Message the mods if you feel something really should be removed, or if a user seems to have a pattern of awful comments.

We are friends with [email protected], a uk news community on a more general site.

founded 2 years ago

MODERATORS

[email protected]

Scrap ‘arbitrary’ fiscal rules and invest, Rachel Reeves’ economic advisor urges (www.independent.co.uk)

submitted 2 years ago by [email protected] to c/[email protected]

2 comments fedilink hide all child comments

top 2 comments

sorted by: hot top controversial new old

[–] [email protected] 3 points 2 years ago* (last edited 2 years ago)

It was always misleading for the Tories to compare debt to GDP to a household in their cruel austerity crusade, which didn't even lower debt in the end. The UK can print its own currency and UK bonds are (despite 13 years of Tory incompetence) still a low risk for asset managers. Deficit spending won't spook the markets if there's a genuine reason such as infrastructure spending or green energy transition which will boost growth in the long term.

[–] [email protected] 1 points 2 years ago

I'm willing to defend Labour's caution, especially in this area, but I do hope they listen to this guy!