Sunday, September 27, 2020

Gower — Time to worry less (or better not at all) about the national debt and challenge the government’s economic record instead.

Whilst those of us with a better understanding of how money works shout at the TV with incredulity that the same falsities are being repeated endlessly, many of those same journalists and presenters fail to make the very real connections between government spending, the state of the economy and the lives of its citizens.

Whilst the implication of unaffordability and a future tax burden prevails as a reason to curtail spending eventually, the real price has been and remains a human one; economic instability and uncertainty for people and the prospect of more damage to the environment. We can’t afford to improve people’s lives or even save the planet! Apparently.…
Ignorance and disinformation involve real costs imposed on people and society, including loss of opportunity.

The Gower Initiative for Modern Money Studies

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