The Overspending Myth Finally Exposed By the IMF, OECD, Treasury, ONS, OBR and IFS

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The Overspending Myth Finally Exposed By the IMF, OECD, Treasury, ONS, OBR and IFS

Post by Irn Bru on Fri Jun 23, 2017 11:54 pm

As more and more people discover the truth on social media, the deficit myth promoters know the game is up. They clearly underestimated people’s ability to discover the truth and their enthusiasm to share it with others.


Below are the four overspending claims. The eight facts come from the Treasury, ONS, OBR, IMF, OECD and IFS. The claims are:

Claim One
When will you apologise for running a structural deficit even before the recession the recession?

Fact one, apologise for what for being a deficit denier? Structural deficits, budget deficits and government borrowings PSNB have occurred in nearly every year since records began. The fact is very rarely have we had surpluses - OBR page 104. According to this claim, we have been overspending for two centuries - nonsense. Also read Claim one.


Plenty more to read - click here

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Irn Bru
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