Comments by "Tony L" (@tlangdon12) on "What would a good fiscal rule look like?" video.

Agreed. Thus it is clear that any such rule could not be set by a politician. If the bar is set by a politician, they will set it so low as to guarantee they can jump over it and claim they are successful. With a bar set to a high level, Labour might fail, but you could be sure that the Conservatives would fail to a much greater degree. Would the electorate give credit to a government that did it's best to follow the rule, but did not obey it fully?
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I would go further by saying not only must people be at the centre of fiscal rulemaking, but also that we have to put children at the centre of it. Children are one of the most vulnerable sectors of our society, and are poorly represented by politicians. You have only to look at the decisions taken by the government during the pandemic that affected children disproportionally to realise that their voice is rarely heard in government.
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