BBC NEWS | Business | Borrow for recovery, says Darling.
Chancellor of the Exchequer Alistair Darling has said government borrowing is the best way to support the UK economy in the long run.
The chancellor admitted that borrowing "may feel counter-intuitive", but said in the longer run, it "will mean the bills we face as a country are lower".
Too true.
Spot on! He has finally got Keynes.
Fantastic!
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Is that all there was to Keynes? Wasn’t there something about reducing debt in the good times? And doesn’t it matter what the money is borrowed for?