The Financial Times: Time to shift the sterile fiscal policy debate

19 February 2012

Deficit reduction or growth? Everyone wants both, but which should come first?

This is the question at the heart of the increasingly polarised debate on UK economic policy ahead of the Budget. But it’s the wrong question. We should first ask: what can be done to boost the economy without borrowing more money? The answer shows that strengthening deficit-cutting credibility and stimulating growth can go hand in hand. Read more

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