Tag Archives: debt

In reply to John Redwood

In response to John Redwood’s article today headed ‘Tuesday 5 July 10.30am proposal to put £9.5 billion extra into IMF‘, I have posted the following*. Dear Mr Redwood, Spending plans and actual spending are two very different things as I … Continue reading

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As Athens burns the EC announces €1 trillion budget

Whilst demanding that Greece impose upon its people draconian austerity measures, European Commission president José Manuel Barroso defended the EU budget as ambitious but responsible and warned member states against “Pavlovian reactions”. 1,000,000,000,000 (or one million millions) of your tax … Continue reading

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