don t let the tories fool you: we must borrow to invest | owen jones /

Published at 2017-12-07 08:00:03

Home / Categories / Economic policy / don t let the tories fool you: we must borrow to invest | owen jones
There will be a rightwing backlash against Labour’s strategy for reviving the economy,but it is clearly the proper approachHere is a story about how crude dogma and a factually baseless political attack line are wrecking the country’s future. Britain desperately needs investment, and with interest rates this low it would be economic insanity not to borrow to fund it.
Even a Conservative cabinet m
inister such as Sajid Javid has broken ranks to demand £50bn of borrowing to solve the housing crisisContinue reading...

Source: guardian.co.uk

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