Professor Danny Blanchflower economist & fisherman
@D_Blanchflower
Was banned in error apparently for many months Proud grandad of Clare, Eliza, Gus, Hadley, Henry, Isla, Kinsley, Lincoln and Oliver
27-04-2012 14:49:36
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A question for everyone Tom Swarbrick
So government borrows 5 billion quid
Invests in a project that pays back 25% a year for the next 1000 years
It clearly for now raises the public debt
But is clearly sensible and reduces costs to our grandchildren
So why not do it? it is…
Professor Danny Blanchflower economist & fisherman Tom Swarbrick If you don’t invest in a business sufficiently, even a good business, it will eventually begin to fail. Borrowing to invest is essential, borrowing to pay more in dividends to selected shareholders, a recipe for failure