Reply to post: Re: Marx would be proud

Labour: Free British broadband for country if we win general election

JohnMurray

Re: Marx would be proud

This country has as much money as it needs, to do most things. You are stuck in a household budget way of thinking about govt spending. I suggest further reading: https://www.newstatesman.com/politics/2015/03/nation-states-arent-households-debating-their-economies-if-they-are-stupid is just one, google will throw out plenty more. The govt makes all the money? https://www.bankofengland.co.uk/knowledgebank/how-is-money-created is another. A very large proportion of money the govt spends, comes back to it....most of it if you only buy fuel (64% tax) or alcohol (£12 billion in tax on alcohol last year) !

Governments are not households. And they are not businesses.

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