These claimed essential fiscal rules in the UK seems to be disposable at the whim of the polity

Created
Thu, 24/10/2024 - 18:42
Updated
Thu, 24/10/2024 - 18:42
Regular readers will know I have been a long-time critic of the fiscal rules that successive British governments have invoked as part of a pretence that they were being somehow responsible fiscal managers. The problem was that in trying to keep within these artificial thresholds, governments would do the exact opposite to what a responsible…