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The budget
https://www.beexcellenttoeachother.com/forum/viewtopic.php?f=3&t=11468
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Author:  Trooper [ Wed Mar 11, 2020 14:45 ]
Post subject:  The budget

Well, that was interesting. I do wonder where all the money is coming from to pay for all of this.
If this had been a labour budget the tories (and the ragtops) would be going apoplectic over the amount being spent etc...

https://www.bbc.co.uk/news/uk-politics-51832634

Author:  Bamba [ Wed Mar 11, 2020 15:37 ]
Post subject:  Re: The budget

There does seem to be a shitload extra going out, and very little more coming in (assuming that BBC article is comprehensive). So, yeah: where's it expected to come from?

Author:  myp [ Wed Mar 11, 2020 15:43 ]
Post subject:  Re: The budget

Magic money tree

Author:  Kern [ Wed Mar 11, 2020 15:46 ]
Post subject:  Re: The budget

The short burst of spending will help offset any economic crunch from the coronavirus and (whispers) the end of the Brexit transitional phase. Like hair-of-the-dog, however, the brief respite will probably be followed by more pain.

Author:  Squirt [ Wed Mar 11, 2020 15:47 ]
Post subject:  Re: The budget

The UK government can currently borrow money at less than the rate of inflation. It essentially does have a magic money tree.

Author:  JBR [ Wed Mar 11, 2020 17:25 ]
Post subject:  Re: The budget

That is always true, really - the idea that the government has to carefully account for all the money in advance of spending it (which it cannot do, in any case) is some powerful righty bullshit.

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