'Judging by Reeves’s recent performance, they seem to care more about the fiscal hawks in their midst and in the Tory press. So much so that, to prove their mettle as bona fide austerians, they adopt the most pernicious allegory to have disgraced economic thinking.'
Why is Labour still using the self-defeating, discredited ‘maxed out credit card’ analogy? | Yanis Varoufakis | The Guardian https://www.theguardian.com/commentisfree/2024/feb/15/labour-credit-card-analogy-mendacious-tory
@wellingtonrock I'm guessing they got burned by PFI in the 90's. Which was in theory a good idea because you were investing in the future of schools and hospitals. But they were warned at the time that there were insufficient controls. (Eyes passim
https://www.private-eye.co.uk/pictures/special_reports/pf-eye.pdf)
