Duncan’s Economic Blog


Posted in Uncategorized by duncanseconomicblog on November 27, 2009

Left Foot Forward has a good post up setting out ‘red lines’ ahead of next week’s Pre Budget Repost.

More detail in the post but:

1. The PBR must make the Keynesian case for budget deficits

2. Any deficit reduction plan must be flexible and based on cautious growth projections

3. The Government must outline how it will return tax receipts to at least 38 per cent of GDP over the medium term
4. The PBR must help those most in need by finding the £4 billion needed to meet the 2010 child poverty target and protecting the labour market interventions already in place

5. Growth policies must be geared towards investment


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: