ks.234
Half way to Infinity
The Labour Party, the SNP, the greens, anyone you can think of, must all be able to see how the government has been financing a Covid response.
It has not been a secret,
there has been no borrowing,
there has been straightforward money creation to spend.
Its extraordinary they haven’t seized on it,
that nobody is saying loud and long,
‘Well there’s nothing to payback, of course this isn’t falling on our grandchildren shoulders…
…we’re not borrowing”.
There is no reason whatsoever that the money that’s currently being spent has to be displaced by a borrowing requirement.
Do we have inflation?
Have we have got a serious problem?
Do we need to withdraw money from the economy?
Well. No.
It’s the opposite.
It has not been a secret,
there has been no borrowing,
there has been straightforward money creation to spend.
Its extraordinary they haven’t seized on it,
that nobody is saying loud and long,
‘Well there’s nothing to payback, of course this isn’t falling on our grandchildren shoulders…
…we’re not borrowing”.
There is no reason whatsoever that the money that’s currently being spent has to be displaced by a borrowing requirement.
Do we have inflation?
Have we have got a serious problem?
Do we need to withdraw money from the economy?
Well. No.
It’s the opposite.
Deborah Harrington
(Health Campaigner, Writer and co founder of the organisation of Public Matters)
The above is from the podcast (Deborah Harrington. The Fight For the NHS)
Deborah Harrington makes a compelling analysis of the current state of the NHS and the lies and misdirections from all parties that have led us to where we are today and the lies we keep being told about how the NHS needs to be funded in the future.
How do we get the message out there that what we’re being told about funding public services is not true?
Or do we believe the government when they say, "where's the money going to come from?", "we can't afford it"?
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