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Richard Murphy on tax, accounting and political economy

37
The UK government is not like a household – and does not have a household type budget. That’s because it, quite literally, makes the money the rest of us use. So let’s stop pretending it has a credit card

Posted on November 11 2019

Prof Charles Adams of Durham University posted this on Progressive Pulse on Saturday. It is well worth sharing here. I have already tackled one of
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30
The UK does not have national debt of £1.8 trillion. It’s less than £1.4 trillion, as their own accounts show. So might journalists stop repeating the government’s lies on this, please?

Posted on November 11 2019

The Guardian, in an ineffectual review of Tory claims about Labour spending plans, shows its ignorance of UK government accounts by claiming: A danger for
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17
The spending tap is waiting to be turned on – my letter in the Guardian today

Posted on November 11 2019

I have this letter in the Guardian this morning: Labour’s clear commitment to a £250bn “green transformation fund” correctly puts climate centre stage in this
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