The Conversation

Rush to endorse new balanced-budget charter highlights its absurdity

17-12-2014 Author: The Conversation

By backing a new Charter for Budget Responsibility, the main political parties in Britain want to persuade you that they’re legally obliged to balance the books within three years. Fortunately, it’s not a serious commitment.

In reassuringly convoluted terms, the charter actually sets itself: “A...

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