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42 sats \ 0 replies \ @halalmoney 16 May \ on: The world of debt econ
This paragraph reminds me how hard it is for a government to grow the economy out of its gargantuan debt load.
“Labour’s big answer to “where is the money going to come from?” questions on funding health and social care, education investment and a new urgency about raising defence spending, is posited on a return to growth. Having set that “north star” goal for the UK economy it will be hard to please traditional allies in the Labour and union family, who have very divergent views about what makes growth work and the trade-offs.”
https://apple.news/AEWBRLRzRSYmIeXNabHGIag