Posted by: secretperson | October 27, 2008

No More Borrowing Gordon

So Gordon wants to borrow more money, to make up for having borrowed too much before.

I don’t have the economic literacy to explain just why this is a bad idea, but I can point you in the direction of John Redwood’s Diary where he puts the case elequently for reducing the deficit and not trying to borrow and spend our way out of a recession.

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Responses

  1. I have something Gordon could borrow from me, what can you lend him?


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