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To: Clemenza

Impossible to cut borrowing now. The price of energy is forcing the British government to subsidise it so that the worse of don’t freeze to death. If they cut spending now there would be a violent revolution. As Truss said the UK GDP to debt ratio is pretty good for a g7 country and borrowing more until energy prices come down and growth is achieved through tax cuts seems like a good idea.


12 posted on 10/04/2022 12:12:09 PM PDT by sinsofsolarempirefan
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To: sinsofsolarempirefan

All incredibly stupid moves - if you are going to spend for “security” you can’t cut taxes. Truss Rod and her African deserves to get punished for such fiscal idiocy.


13 posted on 10/05/2022 3:33:59 PM PDT by Clemenza
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