Tony's Feed
Jun 24, 2010
via The Great Debate UK

Osborne’s book-balancing a risky venture

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-Tony Cleaver is senior teaching fellow in Economics and Finance in the Durham University School of Economics, Finance and Business. The opinions expressed are his own.-

George Osborne is taking a risk.

The Chancellor is also placing himself firmly in the orthodox school of financiers who assert that governments must balance their own books even in times of recession.