
Rory McGregor 🇬🇧🇯🇲
@mcgregorrory
Jamaican-British, free market, monetarist, conservative, hedgie immigrant.
ID: 2770258545
14-09-2014 18:08:12
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🚨 The latest public sector finance stats for June just dropped from Office for National Statistics (ONS) and they're a fiscal horror show. Borrowing up, debt interest up, deficit up, spending up and taxes up. Here's what you need to know about how the government's finances are spiralling🧵




Today's ONS public sector finance stats are a fiscal horror show, with the government borrowing £20.7bn in June alone. Make no mistake, government borrowing is dragging Britain deeper into an economic doom spiral 📉 Research intern Anne Strickland explains more 👇

'Labour have to show they can grow the economy. They can't do that if their only answer is to tax people more and spend more government money!' Economics Expert Liam Halligan issues a dire warning on the state of Britain's economy, which he says Labour has made worse.





"The world has never seen a government more radically libertarian than Javier Milei's. But the amazing thing is not that it is working economically—Adam Smith would say, 'I told you so.' The true miracle is that Milei’s shock therapy is working politically."


