Krishnan Guru-Murthy#C4News at 7 : 11.1% inflation even higher than feared. And even higher for low income families. Tomorrow taxes up and spending down. Is that really the only option after the Truss/Kwarteng meltdown or a political choice?
Keith PrinceNo it isn't. We've suffered from the 'nation's credit card' analogy since Thatcher went all in on Reaganomics and it's wildly one dimensional. It can't deal with inflation properly, it can't create growth in a suppressed economy, it can only punish the poor.