Austerity sounds like it should be about governments cutting costs and spending less. But it’s more about who controls ever-expanding public spending – and who doesn’t.
Articles on Fiscal responsability
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The Public Finance Act is designed to prevent shocks and ‘fiscal cliffs’. And it is unlikely any problems faced by Nicola Willis will match the scale of those that dogged previous governments.
Affordability is a question of political and policy priorities. If we want a fair and adequate social security system, we cannot continue cutting the resources of those who already have the least.
