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How big a fiscal hole is the British government in? With Paul Johnson

The Economics Show

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UK Government's Fiscal Challenges

This chapter analyzes the UK's current fiscal difficulties, emphasizing excessive government borrowing and its impact on public finances. It highlights the stagnant economic growth and its implications for tax revenues, while critiquing the government's growth policies. The discussion further explores the tensions between rising defense spending needs and existing welfare commitments amid an evolving geopolitical landscape.

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