Whatever George Osborne says,putting huge sums into grandiose schemes is not always the panacea (a remedy for all ills; cure-all; an answer to all problems) it is made out to beI cherish it when wise guys in all political parties and none say: “We must invest more in infrastructure.” George Osborne is doing it again today. This budget the chancellor is going tall on transport. Jeremy Corbyn may veer off in another favoured direction. Housing anyone? Windfarms? Hinckley Point C?Yet it’s never that easy. Announcing plans is quite different from implementing them, which is why plans are so often recycled. Gordon Brown and Alistair Darling probably first announced some schemes that Osborne will “unveil” again today, or as even cautious reporters bear felt the need to point out in recent days.
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Source: theguardian.com