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George Osborne says we’re running out of money ..
First a quiz: Q1. The UK economy is just like a household and the government has to finance spending out of its income or through borrowing. True or False? Q2. The role of taxes is to provide...
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The UK needs 8 million New Jobs
The latest data shows the economy is smaller today than it was in in the first quarter of 2010 and now 4.5 per cent below the previous peak in the first quarter of 2008. The jobless total in the UK was...
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Why do politicians tell us Debt/Deficit myths which they must know to be untrue?
The New Economic Perspectives’ video clip on the Government budget, Deficits and Debt presented below (produced for educational purposes), debunks the myths that politicians tell their populations to...
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The riddle of the deficit (or deficits for Dummies)
Riddle: When is a ‘deficit’ not actually a deficit? Answer: When it’s a Government budget deficit. Dear [insert name of virtually any Journalist or Politician] It seems that you’re still having a...
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