Archive for the ‘Fiscal Rules’ Category

One thing is clear from the Governments much hyped Spring Statement – they have learned nothing from the mistakes of the past.

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Have you ever heard of the expenditure benchmark? Do you know how to calculate a structural deficit? Can you explain the interaction between the debt and deficit rules?

If the answer to these questions is no, don’t worry. You are obviously a well-grounded person with a good work life balance.

If the answer is yes, well you clearly need to get out more.

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