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  • Balance the books has become a bit of a byword for austerity, rightly or wrongly, trying to cut spending to reduce debt like household spending, rather than investing and spending wisely to help the economy. The phrase sounds Tory, and sounds like what they accuse labour of not being able to whilst doing the exact opposite themselves. I've not looked at her propositions yet so can't comment specifically, but I know I'd avoid getting dragged into book balancing rhetoric at all.

  • Balance the books has become a bit of a byword for austerity, rightly or wrongly, trying to cut spending to reduce debt like household spending, rather than investing and spending wisely to help the economy. The phrase sounds Tory, and sounds like what they accuse labour of not being able to whilst doing the exact opposite themselves. I've not looked at her propositions yet so can't comment specifically, but I know I'd avoid getting dragged into book balancing rhetoric at all.

    Quite. 'Balancing the books' is always code for cutting public services, using the false assumption that the UK economy is the same as a household economy.

    Funny how the books are never balanced by increasing taxation on the wealthiest.

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