> Government IT spending doesn't follow the same fiscal rules as your basic household budget. It's not the case that the government has a finite pot of money to spend and when it's gone it's gone.
Assuming that government spending is inherently productive is a deeply flawed view. Every pound the UK government spends is a pound it had to tax, borrow, or inflate.
Assuming that government spending is inherently productive is a deeply flawed view. Every pound the UK government spends is a pound it had to tax, borrow, or inflate.