Breakingviews | UK fiscal straitjacket

Considered view

07 Oct 2009 09:57

Straitjacket and narrow

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The UK opposition party rightly argues that it’s too easy for the government to play politics with public borrowing: hence the soaring deficit. But the Tories’ solution – an independent budget watchdog – only does half the job. It needs to be able to bite as well as bark.

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