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Author Topic: Economics’ old guard gangs up on Rachel Reeves’s spending plans | Phillip Inman  (Read 231 times)

NadiaWits

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Economics’ old guard gangs up on Rachel Reeves’s spending plans | Phillip Inman

The shadow chancellor had plans to invest in infrastructure and more, but the weight of expert economic disapproval is wearing her down as the election nearsOne by one, they stamp all over your dreams. In this election year, the dashed hopes will belong to Rachel Reeves. In 2010 the victim was Alistair Darling.Reeves wants to increase spending on the UK’s crumbling infrastructure should Labour win at the polls. Her commitments have become less ambitious as pressure mounts from mainstream economists and those in high finance worried about current debt levels escalating.Do you have an opinion on the issues raised in this article? If you would like to submit a letter of up to 250 words to be considered for publication, email it to us at observer.letters@observer.co.uk Continue reading...

Source: Economics’ old guard gangs up on Rachel Reeves’s spending plans | Phillip Inman



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