Mentions
What was said, and which frame it usedEvery item the dashboard counts, newest first. The marked words are the phrases that made it count; the tags say whether it used an opposing frame, an MMT-consistent idea, or named MMT. These are keyword matches: whether an item endorses or attacks an idea is shown once our classifier's accuracy is published.
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Public Borrowing for Defence
My Lords, the real reason that we are struggling to fund our defence commitments is that, having loaded £3 trillion of debt on to the nation’s credit card, we are now left with a monthly interest bill running at £11 billion. That is equivalent to double our spending on defence. The Chancellor is telling us that fiscal discipline is his top priority, so does the Minister agree that the bond markets will take a very dim view if we resort to yet more borrowing to fund defence?
- Opposing frame: How will you pay for it?
- Opposing frame: Maxed-out credit card
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Rightwing economic myths could derail Burnham’s project – to destroy them, look to Keynes
…king the size of the state. As with “maxing out the credit card”, it forms part of the inquisition every time a minister goes on the TV or radio with a new spending measure: “That’s all very well but how are you going to pay for it?” Burnham is committed to re-industrialising Britain, but to do so he will have to break with the neoliberal convention that it is not the job of the government to pick winners. As the prime minister should point out, China, Japan, Taiwan and South Korea have all built up their manufacturing strength by picking winners, and Britain could do the same. Indeed, the o…
- Opposing frame: How will you pay for it?
- Opposing frame: Maxed-out credit card