Britain's long-term outlook is suffering as the coalition pursues medium-term gain

 

The government is to be applauded for its attempts to get the medium-term public finances under control. However, its enthusiasm to do so is leading, increasingly often, to decisions that will mortgage the future to the benefit of the coalition. The government seems to have a time horizon of precisely five years. Beyond that, debt is somebody else’s problem...

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Source: http://www.iea.org.uk/blog/britains-long-term-outlook-is-suffering-as-the-coalition-pursues-medium-term-gain

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