Cable Forum - View Single Post - What George Osborne isn't telling you, and doesn't want you to know.

Ignitionnet · 23-12-2014, 14:21

So with our current account deficit continuing to ride high basing a large proportion of economic growth on debt-funded consumption doesn't seem the smartest thing to do.

It would be worse still if not for selling incredibly expensive property abroad, and at some point we'll run out of that and in the interim are exporting money to foreign landlords.

Running an economy for political ends is a really bad idea. The Chancellor continues to be overtly political in his aims and far too many economic policies were in this government geared towards re-election rather than sustainability.

23-12-2014, 14:21	#15
Ignitionnet Inactive Join Date: Jun 2008 Location: Leeds, West Yorkshire Age: 47 Posts: 13,995	Re: What George Osborne isn't telling you, and doesn't want you to know. So with our current account deficit continuing to ride high basing a large proportion of economic growth on debt-funded consumption doesn't seem the smartest thing to do. It would be worse still if not for selling incredibly expensive property abroad, and at some point we'll run out of that and in the interim are exporting money to foreign landlords. Running an economy for political ends is a really bad idea. The Chancellor continues to be overtly political in his aims and far too many economic policies were in this government geared towards re-election rather than sustainability.