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re: The UK is getting radical
Posted on 9/23/22 at 2:18 pm to Diseasefreeforall
Posted on 9/23/22 at 2:18 pm to Diseasefreeforall
Tax hikes are a short term solution which usually results in government increasing its spending to match the extra revenues. Tax cuts are a long term solution which usually results in government continuing its normal spending growth.
The problem is that no matter which they do, they have to cut spending and pay down debt.
While they aren't nearly as bad as we are, they still need to cut their spending if they're wanting to pay down their debt to strengthen the Pound.
The problem is that no matter which they do, they have to cut spending and pay down debt.
While they aren't nearly as bad as we are, they still need to cut their spending if they're wanting to pay down their debt to strengthen the Pound.
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