you cannot spend your way out of recession, or borrow your way out of debt

March 30th, 2009

 

Whether you’re a communist or capitalist, there is no denying that this damning speech is both poignant and powerful. Daniel Hannen’s powers of oratory are clearly marked in this memorable direction at our PM, and I’m sure this isn’t the last we’ll see from him. And if what he says is true – specifically that every child born today effectively is born into £20k of debt – maybe we should listen…

Posted in politics | Comments (1)

One Response to “you cannot spend your way out of recession, or borrow your way out of debt”

  1. Sharea Says:

    Interesting……..

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