The IMF Should Have Told Kwarteng to Cut the Size of Government.

2 years ago
183

#UK #imf #sterling #economy #minibudget #markets #interestrates #bonds

Today we will look at what looks to become a forced u-turn by the UK government of the Chancellor's recent mini-budget.

The Keynesians at the IMF in Washington DC told Kwasi Kwarteng to reverse his tax-cutting plans.

The conclusion for us should be: why not keep the tax cuts but also cut the size of government?

Budget 2010: George Osborne promises to balance books by 2015: https://archive.ph/oVNU8#selection-375.0-375.61

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