
The OBR is always wrong
Making economic policy by forecast is driving Britain in circles.
ByReviewing politics
and culture since 1913
Making economic policy by forecast is driving Britain in circles.
ByThe OBR says that Britain can no longer afford to exist with its current fiscal policy.
ByWe can’t spend more without taxing more and we can’t tax less without spending less.
ByGovernments should not use economic forecasts as a cover for political choices.
ByThe lesson of the Truss debacle is that an antagonistic approach to institutions can spook the markets.
ByWhile Joe Biden visits Ireland, Brexiteers said their closest EU neighbour would be “doomed” – now it’s set to be…
ByThe Budget did nothing to address the UK’s fundamental problems: Brexit and a deeply unequal economy.
ByTelling people that things are getting better while they still feel worse off is always a risky strategy.
ByHow did a £70bn “hole” become a £30bn “surplus”? The answer is that we’re doing economic policy wrong.
ByLiz Truss is merely the latest senior Conservative to blame everyone but herself for the damage inflicted on the country.
BySuccessive governments have relied on high migration to disguise the structural weaknesses of the British economy.
ByOur leaders have had no strategy and no vision of the country’s place in a deglobalising, post-Brexit landscape.
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