The big issue government's need to confront is how much and on what they are spending, how this is financed by debt and taxation is a secondary issue in the context of the deadweight of expenditure.
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Why Fiscal Rules are Redundant and How Public…
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The big issue government's need to confront is how much and on what they are spending, how this is financed by debt and taxation is a secondary issue in the context of the deadweight of expenditure.