If you look at the cyclically adjusted primary fiscal balance - which is generally viewed as the best measure of the structural fiscal stance - the adjustment anticipated by the OBR is very similar t… (View Post)

Minimum wage increases redistribute income from the middle of the wage distribution to the bottom. That is a valid political choice. When I was young I worked in a restaurant for £1.50 an hour. Not g… (View Post)

The way the Coalition tried to balance the books by targeting spending cuts in poorer areas of the north of England also led to Brexit, the biggest policy error of the postwar period which will hobbl… (View Post)

So he's against people coming here, but also against people leaving? (View Post)

Freezing tax thresholds not being a tax rise is a well established piece of political dishonesty. It's equivalent to claiming unchanged nominal spending isn't a spending cut. Of course it&#… (View Post)