Quote:
Originally Posted by OLD BOY
Wasn't it you who said that deficits were nothing to worry about?
I'm sure it was you.  |
You are the one equating Conservatives = good for the economy, anyone else = bad on that basis.
And I’m sure I suitably qualified any such remarks and taken in context would stand up. Deficits despite selling off every state asset of value going along the way would be a bad economic indicator. It depends what you are spending the money on, interest rates and other factors.
Propping up the economy during a lockdown, for example, would be an appropriate example of short term spending exceeding tax receipts.