" We need an economy which is resilient in the face of these crises. But we also need an economics which recognises that it exists to serve not the economy or an ‘economic class’ but to serve society." https://commonweal.scot
"A government that will invest has to borrow. If you want a government that has a vision, a plan, and a hope for better things for everyone you want to know it’s willing to put money behind it. Running a deficit is about saying a government is building a better tomorrow. Isn’t that what we want?" https://www.taxresearch.org.uk
"the average interest rate paid on UK national debt has been falling steadily.
So too has the cost of the interest on that debt be(e)n falling as a part of GDP and of total government spending. Just 4p in every pound the government now spends goes on interest payments. And two-thirds of that goes to people in the UK.