The Gospel According to the Apostle of Fiscal Stimulus ; (1) Commentary(2) Pre-Budget Report

Evening Standard - London › November 25, 2008

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Summary

THERE was nothing "mini" about the mini-budget it was one of the most daring gambles by a Chancellor in living memory with consequences for the political economy for a generation.

The rudiments are familiar enough by now. The Prime Minister is the leading apostle of "fiscal stimulus" to the G20.

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Extract

The Gospel According to the Apostle of Fiscal Stimulus ; (1) Commentary(2) Pre-Budget Report

David Cameron is an Old Testament prophet, pointing to the historic disasters of trying to spend and borrow our ...

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