The case for having large fiscal headroom (and Reeves should have been far more honest about making it) is that it renders most changes in OBR forecasts irrelevant as far as the debt markets are conc… (View Post)

That's no longer entirely true, with the advent of (for example) cheap and rapid gene sequencing, or protein screening. We're not all that far from a couple of simple blood tests simultaneo… (View Post)

It's really not; but it ought to be. The key is to put the sort of research effort into it that was done in previous decades for breast cancer. (View Post)

It doesn't. But the real disparity is what has been spent on research over the last couple if decades. Everything follows from that. (View Post)

Denning was responsible for a few perverse decisions of his own, as I recall. (View Post)