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Michael RCH
Channel 4 News
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Comments by "Michael RCH" (@michaelrch) on "Sajid Javid quits as chancellor - after row with Boris Johnson" video.
I hate Boris but the urge to spend, despite the Treasury, is actually a reasonable one. Most research shows that large developed economies have much more capacity to borrow for investment than they have to date. The country has tried low-spending, low-investment economics and it has left the economy anaemic, wages low and productivity in the toilet. I just wish that the government would raise taxes on the rich and large businesses because there is plenty of scope to do so and it would minimise the borrowing requirement.
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