david_herdson

I assume you're counting pensions in with healthcare there? Labour is making the right noises about health and social care but is doing sod all about it. There are significant friction savings to be … (View Post)

Sure. But it isn't. And really, debt as a share of GDP should be falling during periods of growth so that it can rise during recessions without creating a graph that looks like a series of steps. Of … (View Post)

Fun fact: only two chancellors were sacked between 1967 and 2016 - and just one if you exclude being reshuffled to an alternative great office of state. Every other one either left office when their … (View Post)

Very good article, as usual from Cyclefree. I'd add one other point, which is the increasing use of 'not illegal but you can't do it anyway, or if you do, we'll record it and you'll be screwed' type … (View Post)

Trump cannot make such a deal if Ukraine is willing to fight on. Europe needs to step up to fill the gap. Unfortunately, it seems even more in fear of Trump than of Putin. (View Post)