http://www.entangledalliances.com/2009/04/was-the-g20-summit-a-success/ Fri, 03 Feb 2012 03:14:07 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.entangledalliances.com/2009/04/was-the-g20-summit-a-success/comment-page-1/#comment-502 Mark Brough Fri, 10 Apr 2009 12:10:15 +0000 http://www.entangledalliances.com/?p=1191#comment-502 I don't really understand this stuff about stimulus packages and the Franco-German/Anglo-American split. France and Germany will have much higher stimulus packages than we will, as a result of their automatic stabilisers of very high welfare payments (which I think is the best way of boosting demand - give money to people who will spend it on things they need). So why don't we just get on with increasing welfare payments and tax credits in the UK? On the other hand, who needs economic theory when you've got platitudinous bullshit like "benefit scroungers"... I don’t really understand this stuff about stimulus packages and the Franco-German/Anglo-American split. France and Germany will have much higher stimulus packages than we will, as a result of their automatic stabilisers of very high welfare payments (which I think is the best way of boosting demand – give money to people who will spend it on things they need). So why don’t we just get on with increasing welfare payments and tax credits in the UK? On the other hand, who needs economic theory when you’ve got platitudinous bullshit like “benefit scroungers”…

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