Nile says:
September 26 2022 at 12:57 pm
Kwarteng’s published an explicitly contractionary budget,
Blowing out the budget deficit by hundreds of billions is contractionary?
Nile says:
September 26 2022 at 12:57 pm
Kwarteng’s published an explicitly contractionary budget,
Blowing out the budget deficit by hundreds of billions is contractionary?
The story a couple of weeks ago was that Rishi is an evil neolib banker oppressing the poors with ‘austerity’.
The story this week is that Howard is an evil neolib banker oppressing the poors with the most expensive public spending programme since WW2.
It’s very tiresome listening to progressives lie every time they open their mouths. I recommend lioning.
It’s only superficially contractionary.
Turns out our Chancellor is not sufficiently down with the yoot.
https://www.dailymail.co.uk/news/article-11254543/Fury-Labour-MP-Rupa-Huq-recorded-describing-Chancellor-Kwasi-Kwarteng-superficially-black.html
Blowing out the deficit by hundreds of billions has been very good for sterling… not. Perhaps the markets know more than he does.
Not a very promising start to this administration. Trussed and stuffed like a turkey, or is it hung drawn and Kwartenged?