George Osborne says we’re running out of money ..

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First a quiz: Q1.  The UK economy is just like a household and the government has to finance spending out of its income or through borrowing.  True or False? Q2.  The role of taxes is to provide finance for government … Continue reading

The fundamental deceit of ‘There’s No Money Left’

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There’s No Money Left?  by alittleecon http://alittleecon.wordpress.com/2012/09/24/the-british/ First posted 24.09.12 “The British Government has run out of money because all the money was spent in the good years,” George Osborne, Feb 2012 “…in the years of plenty they put nothing aside. They … Continue reading