The IMF Should Have Told Kwarteng to Cut the Size of Government.

in economics •  2 years ago 

Today we will look at what looks to become a forced u-turn by the UK government of the Chancellor's recent mini-budget.

The Keynesians at the IMF in Washington DC told Kwasi Kwarteng to reverse his tax-cutting plans.

The conclusion for us should be: why not keep the tax cuts but also cut the size of government?

Budget 2010: George Osborne promises to balance books by 2015: https://archive.ph/oVNU8#selection-375.0-375.61

SUPPORT MANECO64:

Use referral code Billy at Miles Franklin Precious Metals Investments: https://www.milesfranklin.com/

Use promo code maneco64 to get a 0.5% discount on physical gold and silver bullion purchases at https://www.goldinvestments.co.uk/

GlintPay App, Save and Spend in Gold - Use referral code MarioGlint79
https://glintpay.com/

Teespring Store: https://www.youtube.com/channel/UCAvSnci_3qHF_7c2LQnP_wg/store
https://www.paypal.me/maneco64
https://www.patreon.com/maneco64

DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.

AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning at no cost to you I earn a commission if you click through and make a purchase. However, I only recommend products or services that I believe in.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!