tag:blogger.com,1999:blog-1262428583972703917.post3911777495971403584..comments2023-03-25T12:22:10.884+00:00Comments on Aloadofoldstodge: A Kicking Statement from George...loadofoldstodgehttp://www.blogger.com/profile/06547546574930006676noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-1262428583972703917.post-60071360026457576502012-12-06T17:40:41.361+00:002012-12-06T17:40:41.361+00:00The basic problem for the Chancellor (any Chancell...The basic problem for the Chancellor (any Chancellor) is that, in meeting spending targets (and so preserving creditworthiness) it is necessary to suppress incomes yet growth depends on a sufficiency of demand. It is an interesting question as to how long growth (both here and in other economies) has simply been a function of spending money that actually wasn't there. <br /><br />Frankly, it isn't a question of whether we go down the pan like Greece and company, but when. Innocent Abroadnoreply@blogger.com