Can someone explain how the UK Government’s plan can possibly stimulate economic growth?
In: 8
Anything that cuts taxes is inherently going to put more money into the private sector of the economy, and since that’s the only sector that’s ever going to grow, you’re movong money from a zero or even negative return to a positive return, thus growth. It’s pretty typical of euro style governements to deprioritize growth, but over time that puts you in a position where the growth you lost out on is now preventing you from affording the public services you want to have. It’s a tricky game, and so far there seems to be nothing but wrong ways to play.
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