Also politically, do it now and build up some headroom for some sweeties whether spending or tax cuts by 2029. Don't plan to do the whole term on a shoestring and end up surprised no-one wants more o… (View Post)

You make a good and plausible case on this even though I disagree with your conclusion. (View Post)

Uk govt spending per year is £1.3tn. If you ask the OBR at three different points of the year to estimate the fiscal hole, you might well get answers of 20, 40, 60bn. 20bn is close to a rounding erro… (View Post)

Which Als? Shearer, Carr, Sugar, Rickman etc? Seems like quite a disparate bunch to avoid. (View Post)

If that were the case then PMs simply wouldn't resign and parties would hold onto unpopular lame duck PMs for years until the next election. (View Post)